Question to the HM Treasury:

To ask His Majesty's Government what consideration they have given to the impact of salary sacrifice reform on the gender pension gap.

A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to pensions salary sacrifice. The TIIN sets out the impact on employees and employers and is available here: https://www.gov.uk/government/publications/salary-sacrifice-reform-for-pension-contributions-effective-from-6-april-2029/salary-sacrifice-reform-for-pension-contributions

As set out in the TIIN, men are more likely to be using pensions salary sacrifice than women – 59% of pensions salary sacrifice users are men.

The cap protects 65% of women using salary sacrifice for their pensions contributions, compared to 50% of men.