Neil Hugh: The trends shaping retirement savings of the future
At the start of 2020, it could be said we are living in interesting times. Over the past couple of decades, society has come a long way and while the pace of...
News
New guidance for trustees on managing climate change risks
The Pensions Climate Risk Industry Group (PCRIG) has launched a consultation on the new guidance it is publishing for trustees. This guide is designed to help trustees meet existing legal obligations, when it...
OBR ‘surprised’ at £400m pension freedom tax revenues
The rate at which individuals are using pension freedoms to access their pension funds continues to surprise official forecasters, bringing the Treasury an extra £400m a year, according to papers published alongside...
Coronavirus: SMEs need to update staff absence systems
Employee benefits consultants are warning businesses they need to have adequate staff absent systems in place, in order to benefit from additional government help with coronavirus. In the Budget, the chancellor announced...
Mental health challenges for home workers
The workplace is changing dramatically with technology enabling many employees to work whenever and wherever they like. But while this can be a benefit, it can also have serious implications for an individual’s...
Budget 2020: Timetable set out to replace RPI
The Treasury has released a consultation on the proposed timings for the effective replacement of the Retail Price Index, a move which will impact many pension schemes. This announcement came just ahead...
Budget 2020: Review into net pay anomaly
The industry has welcomed the chancellor’s announcement that there will be a consultation into pensions tax relief administration, which will cover the ‘net pay anomaly’. However, some providers have called for more...
Budget 2020: Changes to pay and NI signal higher pension contributions
The increase in the minimum wage — now called the National Living Wage — announced in today’s Budget, should see more money heading into auto-enrolment pension funds. Chancellor, Rishi Sunak, confirmed that...
Budget 2020: Pension taper allowance raised
The Chancellor confirmed in today’s budget that he is raising the pension taper threshold to £200,000. It has previously been suggested that this threshold would be raised in order to ensure doctors...
Dr Subashini M: Time to talk about workplace mental health
It’s good to talk: 6 February 2020 is ‘Time to Talk Day’, organised by Time to Change, an organisation aiming to transform the way we think and act about mental health issues....
