Highest Earners Hardest Hit By Pension Tax Change, IFS Says

By Joel Poultney ( May 14, 2026, 3:39 PM BST) -- The highest earners in the private sector will be hit the hardest by the U.K. government's decision to cap tax-free pension salary sacrifices at £2,000 ($2,700), the Institute for Fiscal Studies has said, with finance and insurance among the most affected industries....

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