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How to Keep Personal Information Safe

Money Talk

bank and investment accounts, pension, Social Security) should have a two-factor (a.k.a., Keeping current” also means paying attention to scams that feed off current events such as COVID-19, tax season, wars, and natural disasters. Another common scam is phone calls and e-mails claiming to be from a bank.or Social Security.or

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Laura Trott appointed minister for pensions

Employee Benefits

Prime Minister Rishi Sunak has appointed Laura Trott MBE as minister for pensions, after predecessor Alex Burghart officially held the role for less than one month. Trott was appointed on 27 October, and the Department for Work and Pensions (DWP) made the announcement on 7 November via its official Twitter account.

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What do employers need to know about the pensions lifetime allowance abolition?

Employee Benefits

Credit: Natata/Shutterstock Need to know: The abolition of the pensions lifetime allowance in April will require an overhaul of employee communications, and a revaluation of pension scheme design and administration, including opportunities to simplify the scheme and reduce the cost of running it.

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Government to protect pensions triple lock

Employee Benefits

Autumn budget 2022: The government has confirmed that the pensions triple lock and credit will be protected, and rise by 10.1% Chancellor of the exchequer Jeremy Hunt told the House of Commons that the state pension will be uprated by inflation, rather than in line with average earnings growth , in line with its triple lock commitment.

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Court of Appeal upholds High Court ruling on Virgin Media pension scheme

Employee Benefits

The Court of Appeal has upheld the High Court’s ruling that a written actuarial confirmation was required where an alteration to the Virgin Media scheme’s rules affected pension benefits for past or future service benefits. What evidence might be sufficient to demonstrate that a compliant actuarial confirmation was, in fact, provided?

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Top 7 Employee Benefits and Incentives

Employee Benefits

Workplace Pension A substantial pension plan with generous employer contributions represents one of the most valuable employee perks, ensuring a secure future in an employee’s retirement years. The remaining amount is covered by employees from their post-tax salary. for companies with 25-49 employees in 2016.

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Lancashire County Council ordered to pay £800,000 in discrimination case

Employee Benefits

Healey returned to work in May 2016 but required more treatment in 2017 as the cancer had returned, and was then off until early 2019. Anne Healey worked as an early years specialist for the council’s schools improvement service since 2012 after a teaching career. Lancashire County Council has been contacted for comment prior to publication.

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