All Article articles – Page 518
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ArticleEXCLUSIVE RESEARCH: 56% use tools and modellers for financial education
Employee Benefits is hosting a live webinar, Employee Benefits Wired: the changing pensions landscape, at 1pm tomorrow (Tuesday 1 December). Tune in to EB TV to watch the 30-minute panel discussion live. Send your questions to the expert panel by tweeting #EBWired.EXCLUSIVE RESEARCH: Tools and modellers (56%), along with face-to-face ...
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ArticleEXCLUSIVE: Callcredit uses communication to boost staff engagement with flex
EXCLUSIVE: Callcredit has boosted employee engagement with its flexible benefits package by offering a wider choice of benefits for selection and running a multimedia communications campaign.Almost nine in 10 (89%) of the consumer data management agency's 1,000 employees logged onto its flexible benefits website over an 11-day enrolment period. The ...
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ArticleDo not miss Employee Benefits Wired: the changing pensions landscape
Employee Benefits Wired: the changing pensions landscape, presented in association with Close Brothers Asset Management, will be broadcast live at 1pm on Tuesday 1 December. The debate can be viewed for free on EB TV.The live panel discussion will provide insight on the key factors impacting workplace pensions, from pensions ...
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ArticlePets at Home to pay all staff national living wage
Pets at Home is to pay all of its employees the national living wage, including those aged under 25.The statutory national living wage, announced by Chancellor George Osborne in the Summer Budget 2015, will come into effect in April 2016. The £7.20 an hour rate is mandatory for all staff ...
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ArticleShould employers wake up and smell the bacon?
Something for the weekend…The Employee Benefits team has received some off-the-wall press releases in its time, but one release landed in our inbox this week to top them all.The press release, from J&D’s Foods, announced the launch of a product that “offers the support of briefs, the freedom of boxers ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk on 19-26 November 2015: Asda increases share plan take up by 45%Diesel supplement to remain in company car tax to 202134% believe pets in workplace boost healthGovernment to gather evidence on salary sacrificeAuto-enrolment contribution rate rises to coincide with tax yearEXCLUSIVE RESEARCH: ...
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ArticleThe Autumn Statement’s impact on employee benefits
On 25 November, chancellor George Osborne delivered the 2015 Autumn Statement and Spending Review. Below is a summary of all the key announcements impacting employee benefits:Osborne announced that the next two phases of minimum pension contribution rate increases under auto-enrolment will be pushed back to coincide with the tax year.The ...
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ArticleEXCLUSIVE RESEARCH: 76% view financial education as essential for all staff
Employee Benefits is hosting a live webinar, Employee Benefits Wired: the changing pensions landscape, at 1pm on Tuesday 1 December. Tune in to EB TV to watch the session and send your questions to the panel by tweeting #EBWired.EXCLUSIVE RESEARCH: More than three-quarters (76%) of respondents believe it is essential ...
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Article60% of housing associations offer defined contribution pensions
Almost two-thirds (60%) of housing association respondents offer staff a defined contribution (DC) pension scheme, according to research by EMA Business and Management Consultancy.Its 2015 Total rewards survey, which is based on responses from 94 UK housing associations, found that the average contribution rates for DC schemes was 7% for ...
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ArticleDiesel supplement to remain in company car tax to 2021
Autumn Statement 2015: The government will retain the diesel supplement in company car tax.There will be a 3-percentage point differential between diesel cars and petrol cars from April 2016 to 2021, when EU-wide testing procedures will ensure new diesel cars meet air quality standards under strict real world driving conditions.The ...
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ArticleAsset managers' performance awards to be taxed as income
Autumn Statement 2015: Performance awards received by asset managers will be subject to income tax unless the underlying fund undertakes long-term investment activity.The government is to introduce legislation to determine when performance awards should be taxed as income or capital gains.The move forms part of the government’s Autumn Statement 2015, ...
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ArticleGovernment to maintain pension triple lock
Autumn Statement 2015: Chancellor George Osborne has confirmed that the government will keep the triple lock, with the basic state pension rising to £119.30 a week from April 2016.The single-tier pension rate has been set at £155.65 a week. This will be available to those reaching pensionable age from April ...
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ArticleShare scheme tax rules to be simplified
Autumn Statement 2015: The Finance Bill 2016 will introduce measures to simplify the tax rules for employee share schemes.These technical changes will streamline and simplify aspects of the tax rules for tax-advantaged and non-tax-advantaged employee share schemes. The move is aimed at providing more consistency, including putting beyond doubt the ...
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ArticleGovernment to call for evidence on employer-provided accommodation
Autumn Statement 2015: The government has announced that it will publish a call for evidence on the tax treatment of employer-provided living accommodation.The announcement follows recommendations by the Office of Tax Simplification’s (OTS) report on simplifying the administration of employee benefits and expenses.The call was announced in the Autumn Statement ...
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ArticleNew income limits set for tax-free childcare
Autumn Statement 2015: The upper income limit for parents to take advantage of the government’s new tax-free childcare scheme is to be lowered from £150,000 to £100,000 a year.The government announced the move in the Autumn Statement 2015.The minimum income level per parent will also increase from the equivalent of ...
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ArticleGovernment to gather evidence on salary sacrifice
Autumn Statement 2015: The government will continue to consider what action, if any, will be taken around salary sacrifice arrangements.It will gather further evidence, including from employers, to inform its approach to salary sacrifice arrangements.In the Spending review and autumn statement 2015 policy paper, the government expresses its concern at ...
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ArticleGovernment to review public sector sickness absence
Autumn Statement 2015: The government will undertake a review of sickness absence in the public sector.This will be followed by a consultation into how to reduce the impact of sickness absence on public sector service delivery. Legislation will also be considered where necessary.The Spending review and autumn statement 2015 policy ...
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ArticleGovernment to remove barriers to secondary annuities market
Autumn Statement 2015: The government has confirmed that it is to remove the barriers to creating a secondary annuities market to enable individuals to sell on their existing annuity income stream.Further details on the move, which was announced in the Autumn Statement 2015, will be set out in the government’s ...
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ArticleAuto-enrolment contribution rate rises to coincide with tax year
Autumn Statement 2015: Chancellor George Osborne (pictured) has announced that the next two phases of minimum pension contribution rate increases under auto-enrolment will be pushed back to coincide with the tax year.The minimum contribution rate for employers was scheduled to rise to 2% from October 2017 and 3% from October ...
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ArticleEXCLUSIVE: Danwood introduces holiday purchase scheme
EXCLUSIVE: Danwood has introduced holiday buying as a benefit for its 1,140 employees.The printing services organisation is offering the benefit on a voluntary or salary sacrifice basis after its 2014 employee engagement survey revealed that 69% of its staff were interested in purchasing additional holiday. Staff can now purchase up ...