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...
Read moreDetailsJeremy 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...
Read moreDetailsThe 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...
Read moreDetailsConservative 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...
Read moreDetailsAround 38% of working-age people, equivalent to 12.5 million, are under saving for retirement when measured against their pre-retirement earnings. The Department for Work and Pensions found that ‘there...
Read moreDetailsThe 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...
Read moreDetailsMore 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...
Read moreDetailsWhen 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,...
Read moreDetailsA 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...
Read moreDetailsAgainst a backdrop of high inflation driven by spiralling energy, food and petrol prices, worker shortages, train strikes, increased working from home, and ‘the great resignation’, how we work...
Read moreDetailsHM Revenue and Customs (HMRC) has launched a campaign urging those working in the UK to check they were paid correctly last year, following research which uncovered thousands of...
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