GMPeasy’s Post

💷 𝗧𝗵𝗲 𝗡𝗛𝗦 𝗣𝗲𝗻𝘀𝗶𝗼𝗻 𝗦𝗰𝗵𝗲𝗺𝗲 The NHS pension scheme continues to be one of the most comprehensive and generous schemes in the UK. Want to know more? Read this blog ⬇

💷 𝗧𝗵𝗲 𝗡𝗛𝗦 𝗣𝗲𝗻𝘀𝗶𝗼𝗻 𝗦𝗰𝗵𝗲𝗺𝗲 The NHS pension scheme continues to be one of the most comprehensive and generous schemes in the UK. Want to know more? Read this blog ⬇

⭐ ESOG: Effective System of Governance ⭐ From our work in pension scheme audits, we know that many trustees have good systems of governance, which will largely meet the ESOG requirements. However, we urge careful review of the requirements set out in the new General Code of Practice to make sure that these requirements are fully met.   That is, for your existing system of governance, carry out a gap analysis against the General Code of Practice’s definition of an ESOG, sooner, rather than later, to make sure that nothing is missed, and your scheme is compliant. #GeneralCodeOfPractice #PensionSchemes #ESOG #PensionAudit https://lnkd.in/eEZYTcv8

Are you involved in the administration of the NHS Pension Scheme? ISM has in excess of forty years expertise administering the NHS Pension Scheme(s) and we are the leading provider of NHS Pension Scheme Training. PREPARATION & SUBMISSION OF THE NHS PENSION YEAR-END: Tuesday 7th May: 9.30am – 13.00 pm The preparation and submission of the Pension Year-End presents challenges for Employers due to the infrequency of the task and remains part of your “Employer Obligations” All NHS Employers must ensure that they are fully compliant with their Employer Obligations and it is important to note that the outsourcing of the payroll and/or the pension function does not discharge your legal obligations. Ask yourself: "Am I confident that I am doing everything correctly?" It is important to note that the information submitted at the Year-End data directly influences the accrual of a range of Scheme Benefits including Retirement Benefits. Question: Who should attend workshop? Answer: Anyone who is involved in the administration of the NHS Pension Scheme(s) including professionals working in the Finance Directorate, Human Resources Directorate, Payroll Team, Pension Team, Pensions Online Administrators and Outsourced Payroll and/or Pension Providers. GETTING TO GRIPS WITH PENSIONS ONLINE (Including Year-End submissions) Tuesday 14th May: 09.30am – Midday This session includes the submission of the Pension Year-End process. Pensions Online has unexplored assets and attributes that enhance and support the decision-making process and challenges faced by Scheme Members. Here are the links to our events: PREPARATION & SUBMISSION OF THE NHS PENSION YEAR-END: https://lnkd.in/gzsPh_Pc GETTING TO GRIPS WITH PENSIONS ONLINE: https://lnkd.in/gesNVqK7

The European Insurance and Occupational Pensions Authority (EIOPA) is launching a public consultation on its draft Opinion on sustainability claims and greenwashing. The principles within the draft Opinion aim to pave the way for a more effective and harmonized supervision of sustainability claims across Europe and thereby limit the risk of greenwashing in the insurance and occupational pensions sectors. #eiopa #opinion #sustainability #insurance #pensions #substantiation #greenwashing https://lnkd.in/eJbD-eTU

In the midst of juggling various assignments and clients, it can be easy to overlook the importance of #pension planning.  In this blog, we want to mark #PensionAwarenessWeek by sharing valuable insights into how pensions work under an #umbrellacompany and why it’s so important to save for your future: https://loom.ly/-A7FTaA Mint Umbrella is Professional Passport approved and strives to provide a service that makes busy contractor lives that little bit easier. Get in touch via 0203 967 6846 today to learn more about working with us! #umbrellaprovider #PAD23 #umbrellacontractor #payrollservices

According to an article from the Financial Times, the number of doctors exceeding the pension annual allowance in 2021-22 has increased by almost 70 per cent compared to the previous tax year, with 55,765 doctors being pushed over the limit. Since 1995, the NHS pension scheme has undergone several changes, making it hard for healthcare professionals and staff to keep up with them. In this guide, we review the changes that still affect many NHS staff members and share some useful information on how to better secure your pension and your future 👉 https://lnkd.in/dZWArMym #pensions #pensionscheme #nhs #nhspensions #personalallowance #finance #financialplanning

To coincide with the launch of our brand new website (check it out below!) we've written a short article capturing the growing importance of governance platforms for DB Pension Schemes getting close to buy-in and wind-up. #AIgovernance #IngelligenceAcrossTheBoard