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Kingfisher provides benefits security through bulk annuity purchase

Employee Benefits

Credit: ClimbWhenReady / Shutterstock In the UK, home improvement firm Kingfisher’s pension provision comprises a closed final salary section, with 28,000 deferred and pensioner members, and an open money purchase section, with 70,000 active and deferred members.

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French Pension Reforms: Controversy and No-Confidence Vote Survived by Macron

HR Digest

As France grapples with an aging population and a pension system deficit, the government’s proposal to raise the retirement age and cut pension costs has sparked a wave of protests and strikes across the country. Join the debate and share your thoughts on the France Retirement Age Protest and 2023 French Pension Reform Strike.

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Will the Mansion House reforms deliver value for employees?

Employee Benefits

Need to know: A raft of proposals have been launched to improve value for money in pension schemes. In July, Chancellor of the Exchequer Jeremy Hunt proposed a number of pension reforms in his Mansion House speech, with an overarching focus on value for money for members.

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Government launches review to boost employment prospects for autistic people

Employee Benefits

The Department for Work and Pensions (DWP) has launched a government review designed to investigate boosting employment prospects for autistic people. The Buckland Review of Autism Employment was created with support from charity organisation Autistica, and aims to address low employment among autistic people.

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How Serious Is Japan’s Labor Shortage?

HR Digest

Globally, Bain & Company has estimated that by 2030, there will be 150 million more older workers (those over 55) in the workforce, accounting for more than one in every four jobs in G7 countries. This global trend highlights the need for employers to adapt and cater to the needs of older workers.

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Blockchain’s role in the future of HR

LACE Partners

Examples of this in an HR perspective would mean that employee information (personal details and financial information such as payslips, pension details, employee history or certification, and more) could be stored in the Blockchain and truly owned by the individual, rather than stored within organisations HR and payroll systems.

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April HR News Worth Review

Higginbotham

Individuals who have access to affordable, minimum value employer-sponsored coverage are not eligible for the PTC. Currently, whether employer-sponsored coverage is considered affordable for family members is determined based on the lowest-cost self-only coverage available to the employee. Employer Takeaway. Employer Takeaway.

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