Financial benefits

Women 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...

Rules 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,...

The environmental, social and governance (ESG) credentials of benefits providers have become increasingly important to employers, according to Grid.  The industry body said that this is impacting decisions when...

Employers will be able to offer employees a virtual company card that can be generated “instantly”, as NatWest and Mastercard team up to launch a new digital payment service. ...

Employers 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...

Former pit workers will receive enhanced pensions benefits following a rule change confirmed last week. The government has agreed that 112,000 members of a mineworkers pension scheme can have...

Rises 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...

In a bid to tackle worker exploitation, tax avoidance, and people who fail to pay their taxes on time, the chancellor unveiled a £1.4 billion investment for HMRC for...

The 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...

Employer 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...