Employee Benefits

MAY 8, 2024

The Chancellor announced powers that would be given to both the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) in legislation slated for as early as 2027, enabling them to enforce the value for money regime. The Chancellor also announced two policy intentions for pensions in the future, with specifics to follow.

Pension 59

Pension Government Consulting Employee Benefits 59

Employee Benefits

APRIL 11, 2024

The Department for Work and Pensions has published new guidance to help employers better support disabled people. It covers areas such as employers’ legal responsibilities, the language they should use, reasonable adjustment and how to discuss performance and progression. The DWP said it forms part of its £2.5 million staff.

Government 96

Government Pension Recruitment Employment 96

Employee Benefits

MARCH 15, 2023

Please see our summary below: Pension allowances The Government will remove the Lifetime Allowance charge, before completely abolishing it in a future Finance Bill, and raise the Annual Allowance to £60,000 from April 2023. The Chancellor of the Exchequer Jeremy Hunt, has today delivered the Spring Budget 2023.

Pension 52

Pension Finance Government Taxes 52

Benefits Notes

MARCH 31, 2021

Many of the provisions in this sweeping legislation bring changes to the employee benefits world of which employers should take note and which are summarized below. The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40