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For my medic contacts, Chase de Vere just published some important information about your annual allowance statement for 2022-2023. Reach out if you have any questions about this. #annualallowancestatement #taxplanning #financialplanning #finance #NHS #healthcare #medics #doctors

🚨NHS Pensions - updates confirmed from April 2024:🚨 Removal of abatement for special class and mental health officer status Confirmation that the second contribution rate adjustments will be implemented and that bands will increase each year by the higher of CPI or Annual Awards Salary sacrifice is not suitable for partial retirement Those who partially retire and reduce their hours will have any additional hours worked as non-pensionable for the initial 12 months of partial retirement, therefore not impacting the pensionable pay - employers need to be aware of this. https://t.co/UoCE1YsanA

Today's Autumn Statement saw a number of important announcements for #pensions. In our latest article, we outline the key proposals, next steps in relation to the Mansion House pension reforms and what else came out of today's announcements. Read more: https://gowlg.co/3utzGq9

The expected benefits offered by collective defined contribution (CDC) schemes could be 50% greater than those offered by defined contribution (DC) schemes, research from Lane Clark & Peacock (LCP) finds. #Pensions #CDC #RetirementBenefits

As employers look to finalise budgets for 2024 there are some very challenging issues: • Rising costs • Demand for salary increases • Double digit rises in Health Insurance funding costs • The ongoing evolution of work flexibility • Pension changes On the point of pension change many employers have just dealt with the implications of #IORPII and they are now faced with tackling the implications of Auto Enrollment. The government continue to target the second half of 2024 for implementation but with so many outstanding questions this timeline is likely to be very challenging to meet. In today’s The Irish Times Ray Mc Kenna gives some great insights to some of the challenges faced to get Auto Enrollment operational in 2024. #pensions #autoenrolment

Interesting article from my colleague #women #healthandwellness #womenshealthmatters

As RPBs increase their interest in IPs checking RP15 claims, here our Managing Director Darren Toms Pensions and ERA Specialist sets out his views as to why pension providers are not best placed to calculate and submit unpaid pension contribution claims #pensions #insolvency #employees

Update: Government urged to act following Virgin Media pension case ruling In light of the recent developments surrounding the Virgin Media case, there is growing pressure for government intervention, a move that could significantly impact the defined benefit (DB) pension sector. Read more in the article below 👇 https://lnkd.in/e_VNTsAV #pensions #pensionaudit #accountants

Update on GOV.UK with regards Member Voluntary Contributions (MVC) Factsheet. #UKArmedForcesPensions | #UKArmedForces | #ArmedForces | #Pensions https://lnkd.in/eUYxiQ89

The publication of pension auto-enrolment bill represents a significant moment in the reform of Ireland’s pensions system and will pave the way for up to 800,000 workers to be brought into the pensions safety net.   While the bill sets out Government’s commitment to introduce the new scheme from January, the legislation represents a missed opportunity to provide a more flexible system for employers and employees. Employers will need to assess their current pension arrangements and assess how they will navigate the complex changes required across payroll, finance and HR.    Despite these challenges, it is positive to see pension auto-enrolment being progressed and take one step forward towards creating a fairer and more sustainable pension system.    Our team at Aon Ireland is committed to supporting employers make better decisions as they prepare for the introduction of pension auto-enrolment and build the resilience of their workforce into the future. #AonIreland #HumanCapital #Pensions #betterdecisions