Contracting out

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The Government has recently made a number of important announcements on contracting out. We now have...

The Government has recently made a number of important announcements on contracting out. We now have details of the rebates which will apply for the 2001/2002 tax year to personal, occupational and stakeholder pensions. We also know the structure rebates will take when the State Earnings Related Pension Scheme (Serps) is replaced by the State Second Pension (S2P) (currently planned to be introduced from 6 April 2002). We may have to wait some time before we know the level of rebates which will apply when contracting out of S2P - the Government has until April 2001 to announce these. Howeve...

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