Quick Poll results: what type of pension schemes are you operating?
20 December 2021
The policy Teams most recent Quick Poll focussed on pension schemes. In particular, we wanted to see how many organisations need to be aware of the net pay anomaly discussed within the autumn Budget.
The most popular single scheme was salary sacrifice with 34% of the responses running this scheme type. Following closely was relief at source with 25%.
Net pay arrangements received a relatively small 9%. However, 32% of responses indicated multiple schemes were operated, within this proportion some will be net pay arrangements. This is lower than we expected, and while it may affect less people than anticipated, it is a good step forward that the government is looking into addressing the net pay anomaly.
If you are one of the organisation who operates a net pay arrangement scheme, you can read more about the issue in the Call for Evidence response.
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