2024 Employment Pension 
Employee Benefits
JULY 24, 2024
Newcastle Building Society has received living pension employer accreditation from the Living Wage Foundation. Through auto-enrolment, employers must contribute at least 3% and employees pay 5%. The post Newcastle Building Society accredited as living pension employer appeared first on Employee Benefits.
Employee Benefits
FEBRUARY 12, 2024
More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. The Pensions (Extension of Automatic-Enrolment) (No. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension. The Pensions (Extension of Automatic-Enrolment) (No.
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Employee Benefits
MAY 28, 2024
About 1,000 Unite union members working at two Morrisons warehouses have undertaken strike action for three days over a cut in company contributions to their pensions. She said: “Unite will not stand for such behaviour from any employer, let alone one like Morrisons which is raking in massive profits in the midst of a cost-of-living crisis.
Employee Benefits
SEPTEMBER 2, 2024
Choosing a pension provider that offers easily accessible and age appropriate investment education can increase employees’ confidence on the topic. In its March 2024 report, the Pensions and Lifetime Savings Association (PSLA) revealed that while 82% of savers understand their pension is invested, only 26% know what it is invested in.
Employee Benefits
OCTOBER 21, 2024
Credit: Andrii-Yalanskyi/Shutterstock Employers should review DC pension contribution structures to keep employee incentive and remuneration packages relevant as well as keep up-to-date with legislation. Employers should use the review to focus on what the pension scheme offers the organisation.
Employee Benefit News
FEBRUARY 5, 2024
Major employers like IBM and Ikea are touting the benefits of pensions on their employees' financial well-being. Is the industry ready for a comeback?
Employee Benefits
MARCH 7, 2024
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