The treasury has unveiled plans to boost pension pots for savers and potentially unlock billions in investment by dramatically reshaping the UK’s pensions landscape. Under the reforms, “pension megafunds”...
Read moreDetailsWomen retire with £100,000 less than men, on average, while two fifths of women (42 percent) are currently on track to face poverty in retirement compared to just over...
Read moreDetailsRules that will govern how pensions dashboards are run have been published by the Financial Conduct Authority (FCA). The rules, which apply specifically to firms operating commercial pensions dashboards,...
Read moreDetailsEmployers are being encouraged to get their workforces thinking and talking about their finances as the Money and Pensions Service’s ‘Talk Money Week 2024’ starts today (4 November) and...
Read moreDetailsThere is a little known rule that means people who are victims of pension scams can also be hit with HMRC tax charges of 55 percent for ‘unauthorised payments’....
Read moreDetailsNest pensions has created a new chief people officer (CPO) role and appointed experienced HR leader April Clark. Clark was previously CPO, insurance, at Saga and has held senior...
Read moreDetailsRises in employer national insurance are likely to hit staff wage increases, according to economic think tanks and employment sector leaders, following an Autumn Budget that will increase taxes...
Read moreDetailsThe pensions industry expressed relief that the chancellor decided not to change how much cash people can withdraw from pensions tax-free. Prior to yesterday’s Budget there had been speculation...
Read moreDetailsEmployer fears that chancellor Rachel Reeves would remove national insurance contributions pension relief did not materialise in today’s Budget. The chancellor did announce that the amount of national insurance...
Read moreDetailsFor employees, pensions can seem complicated, or stuffy even, so to engage members successfully communications need to be about the message, not just its delivery, says Steve Watson, director...
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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 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.
