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5 steps to help employees engage with their pensions

Employee Benefits

It’s therefore more important than ever to ensure employees are engaged with their pensions. See our steps below to help increase employee engagement: 1. This is why increasing numbers of leading employers are using either virtual or face-to-face seminars to help their employees.

Pension 105
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PBGC Releases Special Financial Assistance Final Rule

International Foundation of Employee Benefit Plans

Changes to the Special Financial Assistance (SFA) Program announced Wednesday by the Pension Benefit Guaranty Corporation (PBGC) will improve the ability of underfunded multiemployer defined benefit (DB) pension plans to.

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Do employees really need to be concerned about the Lifetime Allowance right now?

Employee Benefits

There are some options that employees should be aware of to either avoid or reduce the impact of the LTA: 1. Review their current situation – If they have already taken some pension benefits, they should start by looking at a current pension valuation and assessing how much of their LTA they have used.

Pension 104
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49% of staff changed retirement plans due to cost-of-living crisis

Employee Benefits

“These additional statistics show that it is vital that the government ensures that savers are given appropriate support and education to save for retirement in an era when it is likely that state pension benefits will only become available in an individual’s eighth decade.”

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Laura Trott appointed minister for pensions

Employee Benefits

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). The post Laura Trott appointed minister for pensions appeared first on Employee Benefits.

Pension 59
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Early and multiple interventions will improve pensions engagement!

Employee Benefits

Jonathan Watts-Lay, Director, WEALTH at work, comments; “Employers and Trustees must intervene and engage with their employees much earlier in order to make a real difference to their retirement decisions! The post Early and multiple interventions will improve pensions engagement! appeared first on Employee Benefits.

Pension 52
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Tracy McMullen: Ashurst engages all staff in pension savings

Employee Benefits

At Ashurst, we closely consider the pension and benefits we offer and focus particularly on how we engage our people in these offerings to ensure they are of maximum benefit. This means ensuring they are not only relevant but that employees are engaged with what is available to them.

Pension 52