Changes to salary sacrifice would cause confusion, reduce benefits to employees, and disincentivise pension savings, the Society of Pension Professionals (SPP) has warned.

There could be changes to salary sacrifice for workplace pensions, former pensions minister Sir Steve Webb has warned after HMRC today published new research around ‘hypothetical’ cuts to salary sacrifice.

Chartered Financial Planner Susan Hope, a business development director at Scottish Widows and a pensions advocate, writes abouthow, as National Insurance changes take effect, salary exchange (also called salary sacrifice), could be a new opportunity for Financial Planners.