Some colleagues may be adversely impacted through additional tax charges associated with the Annual Allowance and/or Lifetime Allowance tax regime in respect of their pension savings. In response we have introduced the Employer Pension Contribution Scheme (EPC).
The full eligibility criteria, approval process and all further information can be found on the intranet pages.
See Workforce and OD / Human Resources / Management Guidance / Employer Pensions Recycling Scheme