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Top tips for boosting employees’ pensions knowledge 

Employee Benefits

Need to know: Employers can tailor content and communication channels to different employee groups to help with their pensions knowledge. Losing the jargon will make the language of pensions easier to understand and more relevant to staff. They could invest in financial coaching for a more personal approach to pensions education.

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What actions can employers take to close the gender pensions gap?

Employee Benefits

More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. The Pensions (Extension of Automatic-Enrolment) (No. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension. The Pensions (Extension of Automatic-Enrolment) (No.

Pension 104
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Autumn Statement: Government announces plans to offer pension pot for life

Employee Benefits

Chancellor of the Exchequer Jeremy Hunt has announced plans to offer a pension pot for life in the Autumn Statement 2023. This will give employees a legal right to require a new employer to pay pension contributions into their existing pot, avoiding the accumulation of multiple pension pots throughout their working life.

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Employee Focused Retirement Plans

HR Professionals Magazine

As an HR professional, you might read that title and think, “Duh – aren’t all retirement plans focused on employees?” As pensions have gone by the wayside and 401(k) plans have gained more notoriety, employees have become increasingly more aware of their employer sponsored retirement plans, and the financial benefits they provide.

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Employee Well-being Needs to Include Retirement Plans

HR Bartender

I recently had the chance to chat with Dean Aloise, global HR consulting leader for Xerox HR Services. He’s responsible for leading the retirement, investment counseling, and risk management teams in the U.S. You mentioned defined benefits plans. I know one of your areas of expertise is in the area of retirement planning.

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Benefits to support an older workforce

Employee Benefits

Employers could offer support through a midlife MOT, which provides a health and financial career check to help employees plan for retirement. Pre-retirement coaching can help to educate older employees on how to prepare for life away from work.

Pension 111
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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

401(k)s or other retirement plans. Defined benefit pension plans. Financial planning and education workshops. But just improving benefits or adding benefits without consulting staff can backfire. Beef up your communication and education efforts, both in person and via technology. Vision care.