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Buyer’s guide to group personal pension schemes

Employee Benefits

What is a group personal pension (GPP)? A group personal pension is a defined contribution (DC) arrangement whereby an employer agrees to make monthly contributions into a scheme, but the contract is between the employer and the pension provider. The rest will be taxed. The rest will be taxed.

Pension 111
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How have pension freedoms impacted retirement planning?

Employee Benefits

Need to know: Increasing education about pensions is key to helping employees make the right decisions about accessing their pension savings early. The ability to access pension funds early could prompt changes to the way that pension providers invest for their members.

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Tribunal finds Police Federation of England and Wales discriminated in pension claims

Employee Benefits

The Police Federation of England and Wales (PFEW) has been found to have discriminated against and victimised members who previously made claims against the government after being moved to pension schemes with reduced benefits. The claims against PFEW will return to the tribunal so compensation can be assessed.

Pension 59
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Why are over-50s leaving the workforce?

Enjoy Benefits

There’s been a marked increase in older workers leaving employment, what one tabloid has called the ‘silver exodus’. Pension freedoms introduced by the then chancellor George Osborne in 2015 also allowed some over-55s to draw on their retirement funds early. Should employers be worried?

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Lab rats – how the UK life sciences sector is struggling to find space to work

Workplace Insight

The GNI measure was introduced by the Irish Government to adjust for the inflated GDP figure caused by Ireland’s position as a tax haven for mainly US corporations.) Ireland’s adjusted per capita GDP figure known as Gross National Income is around 16 percent higher than the UK’s and higher than that of both Germany and France.

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How China is Hiring in the World’s Largest Labor Market

Global People Strategist

The current issues created by the trade war have also increased the Chinese government’s investment in their small to medium sized enterprises with new tax reductions and other benefits in order to provide the Chinese economy with more stability. Individuals are looking for more flexibility and freedom within their jobs.

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Laws And Regulations Every HR Professional Should Know In 2023

Empuls

Employers must consider these requests seriously and can only reject them on reasonable business grounds. Various new pieces of legislation aim to extend traditional employment protections, like minimum wage and benefits, to gig workers and freelancers. New labor laws are granting employees the right to request flexible work hours.