Employee Benefits

JANUARY 17, 2024

Instead of an employee building up a new pension pot every time they change employer, their pot would follow them through their working life. It is important to note that the government’s proposals are still at consultation stage. The post What does the government’s pots-for-life plan mean for employers?

Pension 105

Pension Employment Government Hospitality 105

Employee Benefits

MARCH 4, 2024

The lifetime allowance (LTA) is the total value an individual can build up in their combined pension savings without incurring a tax charge: for most people in the tax year 2023/24 this is £1,073,100. The post What do employers need to know about the pensions lifetime allowance abolition? appeared first on Employee Benefits.

Pension 59

Pension Pension Benefit Employment Taxes 59

Employee Benefits

NOVEMBER 8, 2022

Trott has taken over responsibility for pensioner benefits including state, private and occupational provisions, as well as oversight of bodies such as The Pensions Regulator (TPR). But we’ve all witnessed the impact that poorly thought through government fiscal policy can have on the pensions industry.

Pension 59

Pension Pension Benefit Government Taxes 59