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 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 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 moreDetailsA government investment of £240 million to tackle economic inactivity and help disabled people and long-term sick into work has been welcomed as “joined up thinking”, by the CIPD....
Read moreDetailsGovernment pledges that tax hikes will not appear in the payslips of “working people” were repeated at the weekend, but with an increase in employer national insurance (NI) expected...
Read moreDetailsEmployment tribunals can slap an extra 25 percent financial penalty on employers that breach tougher sexual harassment laws coming into force on 26 October, 2024, a lawyer has warned....
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,...
Read moreDetailsInflation fell by more than expected in September 2024, across both its key measures, raising hopes that the Bank of England (BoE) will cut interest rates next month (November)....
Read moreDetailsThe government has introduced its landmark Employment Rights Bill to parliament in a bid to “upgrade” what deputy prime minister Angela Rayner called “the UK’s out-of-date employment laws”. Most...
Read moreDetailsGovernment plans to modernise workplace pensions have been described as a potential “bridge between the old gold-plated defined benefit (DB) schemes… and the defined contribution (DC) schemes" that most...
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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.
