Jardine Lloyd Thompson (JLT) has launched a new service to advise on tax pension changes…
Jardine Lloyd Thompson (JLT) has launched a new service to advise on next year's tax pension changes.
Executive Benefits will offer advice to both employers and employees, both of whom face substantial issues as a result of tax changes to pension schemes from April 2006.
The company said: “The days when employers could recruit and retain senior people just by paying them a salary and giving them a pension scheme booklet are gone.
“Many employers are now recognising the importance of identifying those employees who may be affected by the legislative changes, to ensure they get the correct information and advice.
“We recognise there is currently a high demand for advice on executive benefits within many different types of organisation. At the moment the main focus is around the April 2006 tax changes.
"Employers who do not fully understand the consequences may find themselves with some very disgruntled senior employees come next April.”
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