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Pensions Essentials - November 2024
Pensions Essentials - October 2024
Autumn 2024 HR Budget speedread The Chancellor today announced significant changes to the ways in which businesses and individuals will be taxed in her first Budget. An increase in employer’s National Insurance Contributions and a change to the treatment of “carried interest” had been...
Employment Bulletin - October 2024 Topics covered in this bulletin: The Employment Rights Bill 2024; The Investment Association’s Principles of Remuneration; Supreme Court finds part-time referees could be employees; Guidance on the new duty to prevent sexual harassment; Horizon scanning
The IA's updated Principles of Remuneration On 8 October 2024, the Investment Association (‘IA’) issued an update to its existing Principles of Remuneration (the ‘Principles’). The update re-iterated that the Principles are not prescriptive rules, but guidelines seeking to foster good practice and...
First look: The Employment Rights Bill 2024 The government yesterday (10 October 2024) introduced The Employment Rights Bill 2024 (the ‘Bill’) into Parliament. In doing so, it met its deadline to introduce legislation within the first 100 days of government, to implement key pledges from its Plan...
Pensions Essentials - September 2024
Employment Bulletin - September 2024 Topics covered in this bulletin: Supreme Court prevents removal of protected pay by dismissal and re-engagement; Employment Rights Bill update and HR Spotlight conference; Non-financial misconduct in the financial sector: discussion with senior leaders;...
Pensions Essentials - July 2024
Employment Bulletin - July 2024 Topics covered in this bulletin: Employment Rights Bill; Meaningful consultation required before deciding on redundancy pool; Guidance on new duty to prevent sexual harassment in the workplace; Renewal of fixed-term contract beyond four years was...
Court of Appeal decision in Virgin Media on need for actuarial confirmation when amending reference scheme test benefits The Court of Appeal has decided in Virgin Media Limited v NTL Pensions Trustees II Limited that where amendments were made to contracted-out DB rights between 6 April 1997 and 6 April 2013 rights and did not comply with the requirement to obtain...
Pensions Essentials - June 2024
Employment Bulletin - June 2024 The main political parties published their Election Manifestos last week. By far the most detailed proposals on employment aspects are from the Labour Party, which has recently published Labour’s Plan to Make Work Pay – Delivering a New Deal for Working...
Pensions Essentials - May 2024
Employment Bulletin - May 2024 Topics covered in this bulletin: Dismissal and re-engagement: protective award uplift High Court considers whether non-solicitation and commission provisions were in restraint of trade Creation of new role with reduced responsibilities was breach of...