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UK tax relief on pensions boosts retirement pots by £7.4bn

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Published on: 01 December 2023
Published by a Law360 reporter

Article summary

Law360: On 30 November 2023 a pensions consultancy stated that UK employers injected almost £39bn into the pension pots of workers in 2022, topped up by another £7.4bn in government tax relief—but warned that employees' savings rates have slipped again.

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