Claire Rankin

Jul 8, 2024 | mondaq.com | Claire Rankin |Catherine Shepherd |Kath Sadler-Smith

Welcome to our latest Coffee Break in which we look at the latest legal and practical developments for UK employers HR will have a major role in the use and management of AI and to ensure skills and attitudes are matched by its safe and effective use. HR will have a role in creating and managing the new jobs and career paths for employees, with new expectations to manage and support. Guidance will also be required by managers and leaders in this technology-driven environment.

Jun 27, 2024 | mondaq.com | Claire Rankin

Every six months, the Pensions Regulator publishes a compliance and enforcement bulletin that details its activities, including the number of information, inspection, compliance, unpaid contribution, penalty and escalating penalty notices it has issued to employers who have failed to comply with their automatic enrolment duties.

Jun 26, 2024 | lexology.com | Claire Rankin

Every six months, the Pensions Regulator publishes a compliance and enforcement bulletin that details its activities, including the number of information, inspection, compliance, unpaid contribution, penalty and escalating penalty notices it has issued to employers who have failed to comply with their automatic enrolment duties.

Apr 24, 2024 | pensions-expert.com | Claire Rankin

According to the PPF’s Purple Book 2023, about 20% of schemes don’t provide increases on pre-1997 excess. This is thought to affect over 700,000 pensioners, and analysis undertaken for the Hewlett Packard Pension Association indicates that more than half a million may not have received increases for many years. The impact has been the destruction of the buying power of their pensions – for some, by more than half.

Mar 1, 2024 | mondaq.com | Jennifer Alldridge |Rebecca Cantrell |Claire Rankin

Most of the legislative changes needed to remove the lifetime allowance from 6 April 2024 are contained in the Finance Bill 2023-24, which had its first reading in the House of Commons on 27 November 2023 and is continuing its passage through Parliament. However, it does not provide the complete picture. HMRC is issuing guidance on a regular basis and has confirmed that schemes can expect changes to the Finance Bill and new sets of regulations.