Fears over new funding code impact on pension schemes
UK pension schemes are expecting the Defined Benefit (DB) Funding Code, currently in consultation, to affect the way they are run in the future, according to Aon. A webinar...
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Pensions
Millions could face difficulties in retirement due to ethnic pension gap
Ethnic minorities are significantly less likely than white Britons to save money in a pension plan, placing millions of people in danger of facing financial trouble in old age,...
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IFS proposes scrapping 25% tax-free lump sum
The Institute for Fiscal Studies (IFS) is urging the government to scrap the 25% tax-free lump sum in a report published today (6 February), which also suggests including pension...
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Veitchi completes £8m buy-in with Just Group
Veitchi (Holdings) Limited Retirement Benefits Scheme has completed an £8 million full buy-in for members of its pension scheme. The specialist service provider to the construction industry worked with...
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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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Pension age rise could boost pension pots by £22k
Retiring just two years after the future minimum pension age of 57 could mean an extra £22,000 in pension pots while waiting until age 66 could mean an additional...
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Matt Rodda, Shadow Pensions Minister: Labour’s open for business
With the prospect of a Labour government taking power in 2024 or possibly even sooner, the pensions industry should start preparing itself for potential changes in Whitehall. After 12...
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Lord Turner: Shaping the modern pensions system
Ten years on from the launch of auto-enrolment and two decades from the Pensions Commission that shaped it, the world of workplace pensions has been transformed. Reducing means testing,...
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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.
Benefits Unboxed – Wellbeing: HR is supporting everyone, but who’s supporting HR?
As the professionals responsible for helping their organisations navigate NI hikes, rising employee stress levels and looming redundancies, the pressure on HR, reward and benefits teams has never been greater.
HR is expected to lead with strength and compassion. But who is supporting the supporters?
In this episode of Benefits Unboxed, co-hosts Claire Churchard, Carole Goldsmith and Steve Herbert explore the emotional and ethical pressures HR face today, from managing redundancies to implementing complex legislation. They discuss why HR’s own wellbeing may not be the first topic of conversation, the risks that poses to employers, and the practical steps businesses can take to better support the wellbeing of the people who support everyone else.
This conversation shines a light on the resilience of the profession and why looking after HR is not just the right thing to do, but a business imperative.
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GUIDE TO WORKPLACE PENSIONS
