Employee Benefits

DECEMBER 13, 2021

Need to know: Workplace pension regulators are looking at how value for money can be clarified in defined contribution (DC) pension schemes. Value for money is a difficult thing to pin down, as there are so many interactive components. A qualified success.

Pension 72

Pension Employment Government Consulting 72

Employee Benefits

SEPTEMBER 13, 2023

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.

Pension 105

Pension Consulting Government Employment 105

Employee Benefits

APRIL 24, 2024

The new reporting regime for pension schemes to disclose their investment allocations to UK markets is flawed. Ken Scott, head of investment solutions at Royal London, says: “Department for Work and Pensions (DWP) best practice suggests that lifestyling is a key consideration.

Pension 59

Pension Employment Government Banking 59

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. This could particularly affect those who never check the value of their pension, or haven’t done so for some time. Positive pension fund growth as well as a pay rise may easily push them over the LTA before they know it.

Pension 52

Pension Taxes Pension Benefit Education 52

Workers' Compensation Perspectives

SEPTEMBER 30, 2019

.); "total amount paid to employees over a period," hence, via records-keeping, "list of employees receiving pay." [ See [link] ] Today, the word “payroll” more often than not refers to the department or system that manage employer costs for a range of employee compensation components. Wages and salaries cost employers $25.22

Workers’ Compensation 52

Workers’ Compensation Payroll IT Overtime 52

Employee Benefits

DECEMBER 17, 2021

between 10 December – 16 December 2021 were: How can employers assess value for money in a DC pension? 44% of staff expect to work past state pension age. Virgin Money appoints new chief people officer. Infographic: Pensions value in numbers.

Pension 59

Pension Salary Employee Benefits Employment 59