Employee Benefits

JULY 31, 2023

billion pension to cut future benefits for plan members but can make other changes without employees’ consent. The case explored the treatment of future service benefits under the BBC pension scheme, which provides retirement benefits on a defined benefit (DB) basis for BBC employees who joined before 1 December 2010.

Pension 98

Pension Salary Employee Benefits Employment 98

Employee Benefits

JULY 12, 2024

Unported Deed, resized Emma Reynolds, the elected Labour MP for Wycombe, has been appointed parliamentary secretary for both the Department of Work and Pensions (DWP) and HM Treasury. The new joint role is part of the new government’s recognition that pensions are the responsibilities of both departments.

Pension 59

Pension Government Finance Employee Benefits 59

Employee Benefits

JULY 8, 2024

Unported Deed, resized Liz Kendall, the re-elected MP for Leicester West, has been appointed as the secretary of state for work and pensions as part of the new Labour government established last week. For defined benefit (DB) schemes, the most immediate request will be sight of the Pensions Regulator’s new DB funding code.

Pension 59

Pension Government Finance Consulting 59

Insperity

FEBRUARY 1, 2011

Between 2009 and 2010, 75 percent of businesses offered an employee-funded 401(k) plan, according to the 11th Annual Transamerica Retirement Survey. With a 401(k) plan, your employees agree to have a portion of their pre-tax income deposited into a retirement savings account each pay period. Simplified Employee Pension (SEP).

Retirement Plan 40

Retirement Plan 401(k) Profit Sharing Plan Taxes 40

LACE Partners

APRIL 21, 2023

The Government increased the tax relief on pensions in attempt to bring people back into employment but the question remains as to how many businesses will look to tap in to this talent pool? In February the FT columnist Camilla Cavendish wrote an article titled: “Tempting back older workers means ditching business as usual”.

Government 80

Government Pension Education Recruitment 80

Employee Benefits

JANUARY 18, 2023

Employers must ensure that they take into account their responsibilities under the Equality Act 2010, and that any support is offered in a non-discriminatory way. Inevitably, when the workforce is impacted in different ways, questions of discrimination may arise.

Pension 52

Pension Benefits Package Bonuses Government 52

cipHR

DECEMBER 13, 2018

The results could not only have repercussions for athletes’ funding but have an impact for gig economy workers with regards to tax, pensions, holiday and sick pay. Bloomberg reports that those found to be in violation of the 2010 Equality Act will face unlimited and unspecified fines. Brexit paralysis continues.

Consulting 77

Consulting Government Taxes Pension 77