Financial benefits

  From April this year, the income threshold for child benefit charges will rise from £50,000 to £60,000, chancellor Jeremy Hunt said in today’s Spring Budget speech. Child benefit...

  Chancellor Jeremy Hunt confirmed there will be greater scrutiny of the performance of defined contribution pension funds in his 2024 Spring Budget speech today. He told MPs in...

Poorly performing defined contribution pension funds will be blocked from taking on new business from employers, chancellor Jeremy Hunt has announced. The changes are part of a package of...

An employee recognition programme that “uses science to promote feel-good hormones” has launched at a boutique hotel group. Employer the Eden Hotel Collection unveiled the Happy Hub, which is...

Employee benefits and wellbeing provider Vivup has appointed Wayne Story as the firm’s new chairman. Story has held a number of CEO roles, including heading up the financial services...

Novelty benefits are not helpful in attracting and retaining talented employees, new data has revealed. Research by Nous.co found that three in five (60%) of employers want to axe...

London Metropolitan University is now offering its workforce twice the number of parental leave entitlements than have been available previously. The move includes the enhancement of maternity, adoption and...

Almost one in two UK employees did not receive any support from their employers to help manage the cost-of-living crisis this year, up 12% from 2022, according to Unum...

Employers are increasing their investment in benefits technology platforms to support employees’ health and financial wellbeing through the cost-of-living crisis, new research has revealed. A study by Buck and...

Ikea is investing more than £35 million in pay and bonuses for its UK workforce. The retailer intends to boost the financial wellbeing of its staff by offering wage...