New government health initiative a “wake-up call” for employers
Health secretary Matt Hancock set out plans to make prevention a central plank of the upcoming NHS long term plan, and a green paper will be published on this issue next year. ...
UK
Corporate pensions drag heels on climate change
New research, by law firm Pinsent Masons found 74 per cent of UK corporate pension schemes recognise the potential impact climate change could have on future investments. However, just 5 per cent...
Women’s state pension age equalised with men
Women who turn 65 today (November 6) will receive their state pension at the same time as men. But despite this parity, many in the industry have pointed out that women's pensions...
Insurance payouts excluded from Universal Credit means-test: DWP
The Department of Work and Pension has clarified that payouts from protection policies - including income protection, critical illness or terminal illness policies - will not impact on means-testing for Universal Credit....
Withdrawals under pension freedoms hit record high
The number of people making withdrawals from their pensions has hit a record high, according to the latest HMRC figures. In the third quarter of 2018 there were 585,000 withdrawals made under...
Zurich calls for new approach to workplace financial protection
Zurich Insurance has launched a new three-year research programme in conjunction with the University of Oxford to look at how today’s workers can get adequate financial protection. This ‘Agile Protection’ study will...
Moneyhub integrates PensionBee technology into platform
Moneyhub has integrated PensionBee API, allowing users to get up-to-the-minute information on pension funds. This system will enable users to get live pension valuations within the platform and keep track of multiple...
Earthmiles teams up with PES to launch wellbeing app
PES will offer the new Earthmiles@Work app via its ‘happypeople’ portal from early 2019. The employee benefits provider says this partnership will help modernise engagement and analytics for both employers and employees....
Lifesight adopts ESG strategy for default DC fund
Lifesight, Willis Towers Watson’s DC master trust will allocate around half of its equities into environmental, social and governance investment strategies. It is understood that this is the first master trust to...
NICs rise reduces higher-rate tax gains
In this Budget speech Philip Hammond announced that he would be raising both the personal allowance, and this higher rate tax threshold in April 2019, a year earlier than the Conservative party...
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