Employee Benefits

FEBRUARY 15, 2024

The Welsh government has partnered with employee benefits provider Vivup for the managed service provision of its employee benefit schemes. The post Exclusive: Welsh government rolls out new employee benefits framework appeared first on Employee Benefits.

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Government Employee Benefits Life Insurance Pension 59

Employee Benefits

NOVEMBER 17, 2022

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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Pension Government Taxes Employee Benefits 52

Employee Benefits

AUGUST 22, 2023

UK Workplace Pension Regulations: What Every Employer Should Know In the dynamic landscape of finance, grasping the nuances of workplace pension regulations might be daunting. A pension serves as a cornerstone for ensuring comfort and security in retirement. But is every business obliged to offer a pension?

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Pension Employment Taxes Government 52

Employee Benefits

FEBRUARY 14, 2024

The UK government plans to increase the retirement age from 66 to 67 by 2028 and 68 by 2044, with experts believing it may eventually rise to 71 (Workplace Wellbeing Professional). Whilst employees can still choose to retire early, if they have the means, they won’t be able to access their government pension till much later.

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Healthcare Employee Wellness Medical Government 105

Employee Benefits

APRIL 22, 2024

A salary sacrifice arrangement can support employees who are dealing with the impact of fiscal drag. In his Autumn Statement last November, Chancellor Jeremy Hunt extended the freeze on national insurance (NI) and income tax rate thresholds until April 2028. This could add further strain to employees.

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Employment Taxes Finance Net Pay 59