Budget 2023: Hunt abolishes lifetime allowance
Jeremy Hunt has abolished the lifetime allowance in today’s Budget, as part of a range of measures designed to keep older employees in the workforce. The lifetime allowance, which...
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Gender pension gap remains remains high
The gender pension gap currently sits at 40.5% for 2020–21, almost unchanged from the initial estimate made half a decade ago, and represents an annual shortfall of £7,100 on...
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MP proposes employees have right to choose pension provider
Conservative MP Anthony Browne has brought a Ten-Minute Rule Bill in Parliament, proposing that employees be given the right to choose their own pension plan and have their employer...
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Pension dashboard reset to cause more delays
The Department for Work and Pensions (DWP) has confirm that the Pensions Dashboards Programme is unlikely to meet its original delivery deadlines. In a minister statement, the new pensions...
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How does your DC pension compare? BE Guide to DC Pensions 2023
More than 10 years on from the introduction of automatic enrolment, defined contribution (DC) pension schemes are continuing to grow in popularity, but Benefits Expert's Guide to DC Pensions...
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Automatic enrolment: Time to widen the net?
When the government began the rollout of auto-enrolment (AE) back in 2012, only four in 10 people had a workplace pension. Marking 10 years of the initiative last autumn,...
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Fifth of employers missing out on salary sacrifice pensions tax break, study finds
A fifth of employers are missing out on tax savings by not using salary sacrifice, and many of those that are doing so are not using it effectively, according...
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Most pension schemes will struggle to provide dashboard data
Only one in 20 pension schemes expect to be able to provide dashboard data for all their members by the upcoming 'connection' date. The survey by Willis Towers Watson...
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PLSA aims to expand scope of auto-enrolment as it marks 100 years
The Pensions and Lifetime Savings Association (PLSA) has said its main goal is to extend the range and level of automatic enrolment (AE) as the organisation marks its 100th...
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Auto-enrolment thresholds to remain at current levels
The government has confirmed that auto-enrolment thresholds will be held at their current levels for the next year. The decision was taken to “ensure the continued stability of the...
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BENEFITS UNBOXED PODCAST
Benefits Unboxed
The podcast from Benefits Expert, the title for HR, reward and benefits professionals.
Seasoned professionals examine the challenges and innovations in today’s employee benefits, reward and HR sector. Every episode, they will unbox a key issue and unpack what it really means for employers and how they can tackle it.
The regulars are Claire Churchard, editor of Benefits Expert; Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, consultant and rewards & benefits veteran.
The US DEI Rollback: What It Means for UK Employers
The US retreat from diversity, equality and inclusion (DEI) is making waves far beyond the country's borders. In the wake of President Trump’s executive order abolishing DEI across federal government departments, global firms like Goldman Sachs and Accenture have rapidly dialled down their own efforts.
The influence is being felt in the UK too. However, the UK operates under a different legal framework. It has stronger workplace protections and a government actively looking to enhance employee rights through its Make Work Pay agenda. But as US firms reposition their approach to DEI, UK subsidiaries could find themselves caught between conflicting priorities.
In the latest Benefits Unboxed podcast, co-hosts Claire Churchard, editor of Benefits Expert, Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, industry veteran and reward and benefits consultant, discuss how the US DEI rollback might impact UK businesses.
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GUIDE TO CASH PLANS
