Brits 'believe pension tax may topple company schemes'
www.moneynews.co.uk > Pensions > Brits 'believe pension tax may topple company schemes'
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Brits 'believe pension tax may topple company schemes'
Thu 4th Jun 2009
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These are the feelings of 61 per cent of the British public polled on behalf of actuarial firm Hymans Robertson, who feel that higher earners recovering their deposits may mean that firms are forced to cut back their pension schemes or even close them for good.
A further 45 per cent of respondents said they believe the introduction of higher taxes is, overall, a bad idea.
Partner at Hymans Robertson Patrick Bloomfield said that Brits are aware that "the government's increase in taxation for high earners will affect us all, as key company decision-makers are less likely to keep a pension scheme open if they themselves stop paying into it."
Hymans Robinson was founded in 1921 and today employs around 490 individuals in Glasgow, Birmingham and London.
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