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The Impact of Indexing: 13 Real World Examples

Money Talk

Some indexes adjust annual limits related to financial planning for inflation, some adjust interest earned or paid by consumers, and others measure the performance of something relative to a benchmark indicator. Pension COLAs - Pension benefits for some retirees are also indexed for inflation.

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

Employee Benefits

Almost half (49%) of working adults have changed their retirement plans because of the cost-of-living crisis , according to new research by the Pensions Management Institute. The professional body that supports and develops UK pension schemes surveyed 2,030 employees with pensions.

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Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

Retirement plans for a person are valuable benefits that impact both the present as well as future lives of the employees. However, offering retirement benefits to an employee can be a complicated process. As such, it is essential to understand the pros and cons of the process of providing retirement benefits.

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LGBTQ+ Employees and Money: 4 Unique Threats to Wellbeing

Best Money Moves

Financial illiteracy often leads to common pitfalls such as a lack of retirement savings and an inability to accumulate wealth over time. Facilitating resources that tackle retirement planning, investment strategies and debt management is one of the best ways to set your employees up for success.

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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. Because pension forms part of an employee’s finances, tackling the broader topic of finances also increases engagement with pensions.

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Early and multiple interventions will improve pensions engagement!

Employee Benefits

The Work and Pensions Committee is calling for trials of automatic appointments with the Pension Wise service as part of its new ‘Stronger Nudge’ interventions. For example, we find that about 80% of attendees request a call-back for further guidance or advice following a retirement financial education session.”.

Pension 52
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LGBTQ+ Employees and Money: 4 Unique Challenges to Wellbeing

Best Money Moves

Financial illiteracy often leads to common pitfalls such as a lack of retirement savings and an inability to accumulate wealth over time. Facilitating resources that tackle retirement planning, investment strategies and debt management is one of the best ways to set your employees up for success.