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Adrian Cooper: Where next for financial wellness?

Employee Benefits

As people age, making ends meet day-to-day takes a back seat as finances become more stable. Many employers realise how important it is to prepare employees for life after work. appeared first on Employee Benefits. But there is another lifestage that presents different financial challenges.

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Tracy McMullen: Ashurst engages all staff in pension savings

Employee Benefits

At Ashurst, we closely consider the pension and benefits we offer and focus particularly on how we engage our people in these offerings to ensure they are of maximum benefit. This means ensuring they are not only relevant but that employees are engaged with what is available to them.

Pension 52
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Laura Trott appointed minister for pensions

Employee Benefits

Trott has taken over responsibility for pensioner benefits including state, private and occupational provisions, as well as oversight of bodies such as The Pensions Regulator (TPR). The post Laura Trott appointed minister for pensions appeared first on Employee Benefits.

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Early and multiple interventions will improve pensions engagement!

Employee Benefits

Then in the years before retirement, support should be provided around tax efficiency, planning for retirement and understanding retirement income options, clearing debt and maximising pension benefits and other savings. The post Early and multiple interventions will improve pensions engagement!

Pension 52
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What employees need to know to reduce the impact of the LTA

Employee Benefits

There are some options that employees should be aware of to either avoid or reduce the impact of the LTA: Review current situation – If they have already taken some pension benefits, they should start by looking at a current pension valuation and assessing how much of their LTA they have used.

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How to steer clear of Age Discrimination in Employment Act lawsuits

Business Management Daily

In 1986 an amendment was added to the ADEA banning mandatory retirement at any age, regardless of any early retirement provisions in applicable employee benefit plans or seniority systems. This amendment does not preclude provisions permitting employees to elect early retirement at a specified age.