What changed in the UK Budget for pensions and salary sacrifice?  From 2029, a £2,000 annual cap will be introduced on National Insurance (NI) savings through pension salary sacrifice. Any pension contributions made via salary sacrifice above this cap will become subject to NI. 

In this episode of the People Agenda podcast, host Chris Howard is joined by reward experts, Mike Aldred and Jeremy HIll, to discuss the impact of this change in the budget on employees and organisations. They also explore how organisations can prepare for the upcoming changes.

What changed in the UK Budget for pensions and salary sacrifice? From 2029, a £2,000 annual cap will be introduced on National Insurance (NI) savings through pension salary sacrifice. Any pension contributions made via salary sacrifice above this cap will become subject to NI. In this episode of the People Agenda podcast, host Chris Howard is joined by reward experts, Mike Aldred and Jeremy HIll, to discuss the impact of this change in the budget on employees and organisations. They also explore how organisations can prepare for the upcoming changes.

How can organisations optimise UK pensions post-budget?

Are you an HR leader grappling with the complexities of HR tech, transformation, or change management? Then, listen to the People Agenda podcast (previously the HR on the Offensive podcast) for cutting-edge insights, actionable strategies, and real-world success stories to tackle your biggest HR challenges.

In each episode, we dive into the latest trends, expert advice, and practical solutions to help you stay ahead in a rapidly evolving workplace.

Whether you're looking to drive adoption of new technology, lead organisational change, or simply optimise your HR strategy, you'll leave every episode with fresh perspectives and tools to take your initiatives to the next level.

Subscribe now and join us on the journey to reshape the future of HR

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Are you an HR leader grappling with the complexities of HR tech, transformation, or change management? Then, listen to the People Agenda podcast (previously the HR on the Offensive podcast) for cutting-edge insights, actionable strategies, and real-world success stories to tackle your biggest HR challenges. In each episode, we dive into the latest trends, expert advice, and practical solutions to help you stay ahead in a rapidly evolving workplace. Whether you're looking to drive adoption of new technology, lead organisational change, or simply optimise your HR strategy, you'll leave every episode with fresh perspectives and tools to take your initiatives to the next level. Subscribe now and join us on the journey to reshape the future of HR

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How can organisations optimise UK pensions post-budget?

How can organisations optimise UK pensions post-budget?

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