Salary sacrifice for pensions: still the smart option?

Rob Woodward looks at why salary sacrifice for pension contributions remains attractive to employees and employers

Please note this article was written before the Budget on 11 March 2020.

Employees reducing their salary in exchange for increased employer pension contributions has been for many years the most popular form of salary sacrifice offered by employers. There have been a number of tax and regulatory changes in the past few years that have affected both salary sacrifices and workplace pensions which has led to questions on the viability of salary sacrifice for pensions.