Tax  

Govt told to lift 'little known' pensions cap

“It could even mean that they opt out of being automatically enrolled into a workplace pension because their combined employer and individual contributions are above £4,000.

“This little-known cap is undermining the widely applauded pension freedoms and auto-enrolment, and we would like to see it returned to the original £10,000 limit to reflect the current attitude of the working population when they consider retirement.”

maria.espadinha@ft.com

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