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The Chancellor announced powers that would be given to both the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) in legislation slated for as early as 2027, enabling them to enforce the value for money regime. The Chancellor also announced two policy intentions for pensions in the future, with specifics to follow.
The Department for Work and Pensions has published new guidance to help employers better support disabled people. DWP said it had already met its target of getting one million more disabled people into employment by 2027. The DWP said it forms part of its £2.5
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The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit. The subsidy is tax-free to the individual receiving the subsidy. Tax Credit. Single Employer Pension Plan Provisions. Individuals Eligible to Receive Subsidy.
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