Employee Benefits

NOVEMBER 8, 2022

Prime Minister Rishi Sunak has appointed Laura Trott MBE as minister for pensions, after predecessor Alex Burghart officially held the role for less than one month. Trott was appointed on 27 October, and the Department for Work and Pensions (DWP) made the announcement on 7 November via its official Twitter account.

Pension 59

Pension Pension Benefit Government Taxes 59

Employee Benefits

FEBRUARY 16, 2022

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. Because pension forms part of an employee’s finances, tackling the broader topic of finances also increases engagement with pensions.

Pension 52

Pension Pension Benefit Finance Retirement Plan 52

Employee Benefits

JANUARY 26, 2022

The Work and Pensions Committee is calling for trials of automatic appointments with the Pension Wise service as part of its new ‘Stronger Nudge’ interventions. This can be delivered face-to-face or online and utilises digital nudge technology to encourage employee engagement and participation.

Pension 52

Pension Pension Benefit Retirement Plan Taxes 52

Employee Benefits

JANUARY 18, 2022

As people age, making ends meet day-to-day takes a back seat as finances become more stable. Then, when they’re ready, they want to understand how to turn their pension savings into an income for life. Perhaps they’ve taken a career break to raise a family or freelanced without a pension in place. In one sense, they’re right.

Pension 141

Pension Pension Benefit Finance Salary 141

Employee Benefits

JANUARY 21, 2022

million pension savers [1] are set to reach the limit and will be hit with a tax charge of 55% in retirement. However despite this, many employees don’t even realise that they are at risk. This could particularly affect those who never check the value of their pension, or haven’t done so for some time.

Pension 52

Pension Taxes Pension Benefit Education 52

Business Management Daily

MARCH 14, 2022

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.

Employment 52

Employment Government Pension Benefit Salary 52