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Do employees really need to be concerned about the Lifetime Allowance right now?

Employee Benefits

Therefore, people’s pension savings will likely start catching up with the frozen Allowance. 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.

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Flaunt Digital raises awareness of retirement planning through pensions communication

Employee Benefits

Pensions are not usually at the forefront of the minds of young employees, yet early engagement with the subject could make accruing sufficient retirement funds much more likely. Digital marketing firm Flaunt Digital provides pensions education and information for its 30-strong workforce whose average age is 30.

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Why are over-50s leaving the workforce?

Enjoy Benefits

The trend took hold during the pandemic, and while it shows signs of slowing, it has impacted businesses and the economy. This post takes a closer look at this recent phenomenon, the reasons behind it, and how you can address it if it’s affecting your business. What’s behind the ‘silver exodus’? What can you do?

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How have pension freedoms impacted retirement planning?

Employee Benefits

Need to know: Increasing education about pensions is key to helping employees make the right decisions about accessing their pension savings early. The ability to access pension funds early could prompt changes to the way that pension providers invest for their members.

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

Employee Benefits

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.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Meeting Legal And Ethical Obligations: Certain benefits, such as health insurance, retirement plans, and paid time off, may be required by law in many jurisdictions. Discover how to empower and engage your team like never before. Insurance Benefits Insurance plans are great ways to show your employees you care about them.

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Improving Employee Financial Wellbeing in the Face of Economic Uncertainty

Employee Benefits

Mental wellbeing: Financial concerns impact all aspects of life, including home, work, family and personal health, profoundly influencing overall mental health. It allows your team to exchange part of their income for another useful, non-cash benefit, such as gym membership, a bicycle, a company car or even their pension.

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