Employee Benefits

MARCH 4, 2024

Credit: Natata/Shutterstock Need to know: The abolition of the pensions lifetime allowance in April will require an overhaul of employee communications, and a revaluation of pension scheme design and administration, including opportunities to simplify the scheme and reduce the cost of running it.

Pension 59

Pension Pension Benefit Employment Taxes 59

Employee Benefits

JULY 11, 2023

Implementing flexible work practices offers several benefits, from boosting productivity to giving you a competitive edge in hiring. Workplace Pension A substantial pension plan with generous employer contributions represents one of the most valuable employee perks, ensuring a secure future in an employee’s retirement years.

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Employee Benefits Pension Life Insurance Health Insurance 98

Employee Benefits

NOVEMBER 8, 2022

Prime Minister Rishi Sunak has appointed Laura Trott MBE as minister for pensions, after predecessor Alex Burghart officially held the role for less than one month. Trott was appointed on 27 October, and the Department for Work and Pensions (DWP) made the announcement on 7 November via its official Twitter account.

Pension 59

Pension Pension Benefit Government Taxes 59

Employee Benefits

NOVEMBER 6, 2023

Healey returned to work in May 2016 but required more treatment in 2017 as the cancer had returned, and was then off until early 2019. The post Lancashire County Council ordered to pay £800,000 in discrimination case appeared first on Employee Benefits.

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Pension Consulting Salary Employee Benefits 105

Employee Benefits

SEPTEMBER 20, 2023

According to Office for National Statistics’ (ONS) figures, a quarter (24%) of people living in the UK will be aged 65 or older by 2042, up from 18% in 2016. The money can be used in any way the employee chooses, for example, supplementing sick pay, paying for treatment, nursing care and home modifications.

Insurance 52

Insurance Taxes Medical Pension 52

Employee Benefits

DECEMBER 4, 2023

Once strike action has commenced, resolution of the trade dispute for which it has been called will generally necessitate resolving any issues that might relate to the taking of that action ([such as] lost pay, pension or holiday entitlement; protection of agency workers who refused to cross the picket line [and so on]). “I

Pension 59

Pension Retail Government Employment 59

Employee Benefits

NOVEMBER 17, 2022

Autumn budget 2022: The government has confirmed that the pensions triple lock and credit will be protected, and rise by 10.1% Chancellor of the exchequer Jeremy Hunt told the House of Commons that the state pension will be uprated by inflation, rather than in line with average earnings growth , in line with its triple lock commitment.

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Pension Government Taxes Employee Benefits 52