Related topic: salary sacrifice

Advisers say Budget 'not as bad as feared’ - but frustration over endless tinkering dominates.

Under the current rules, employees can put up to £60,000 a year into their pension through salary sacrifice.

Changing salary sacrifice arrangements would lead to a reduction in take home pay for millions of employees, the Society of Pension Professionals warns.

Potential cuts are ‘firmly on the agenda’, former pensions minister Steve Webb warns.