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...
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 moreDetailsPensions will be included within the value of estates for inheritance tax purposes from April 2027, chancellor Rachel Reeves announced in today's Budget. The move comes as Reeves said...
Read moreDetailsEmployer National Insurance contributions will increase from 13.8 percent to 15 percent from April 2025, chancellor Rachel Reeves has confirmed in the first Budget from the Labour government. The...
Read moreDetailsThe National Living Wage (NLW) will rise from £11.44 to £12.21 an hour from 1 April 2025, chancellor Rachel Reeves confirmed last night ahead of her Budget speech today. ...
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...
Read moreDetailsWith people changing jobs more often and the ongoing success of auto-enrolment, the value of lost pension pots in the UK has risen by 60 percent since 2018, representing...
Read moreDetailsPlans to launch a Bitcoin workplace savings scheme have been revealed by pension and investment advisory firm Cartwright. The eponymously named Cartwright Bitcoin Employee Benefits will enable employers to...
Read moreDetailsPlans for the rollout of pensions dashboards that will help employees find and assess their pension pots have been revised. Pension minister Emma Reynolds confirmed that the government-backed pensions...
Read moreDetailsEmployers face a large tax bill if the chancellor levies national insurance (NI) on employer pension contributions and scraps "unfair" tax breaks on electric vehicles, in this month’s budget,...
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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.
