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What do employers need to know about the pensions lifetime allowance abolition?

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.

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Pension Pension Benefit Employment Taxes 59
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Top 7 Employee Benefits and Incentives

Employee Benefits

JULY 11, 2023

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. The remaining amount is covered by employees from their post-tax salary. for companies with 25-49 employees in 2016.

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Employee Benefits Pension Life Insurance Health Insurance 98
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