Pension Plans

Alberta's ambitious plan to withdraw from the Canada Pension Plan (CPP) and establish its own Alberta Pension Plan (APP) has stirred considerable debate among various stakeholders. Proponents of the proposal argue that it could lead to significant financial savings for Albertans, while

The staff at Coventry University are on the brink of striking due to proposed job cuts and changes to their pension schemes. The university plans to cut around 100 jobs and transfer approximately 200 employees to Peoples Futures Limited (PFL), which would exclude them from the Teachers’ Pension S

Hays Group, a prominent name in the global recruitment industry, has successfully completed a £370 million buy-in for the Hays Pension Scheme, ensuring stability and security for its members. The transaction, underwritten by Pension Insurance Corporation (PIC), safeguards the liabilities of the

When it comes to planning for the future, small business owners and self-employed individuals often face unique challenges in setting up cost-effective and manageable retirement plans. The Simplified Employee Pension (SEP) IRA emerges as an exceptionally beneficial solution, especially designed

Upcoming changes to employer National Insurance Contributions (NICs) in the Budget could lead to a significant shift in how companies approach salary sacrifice schemes. The government plans to increase employer NICs by up to two percentage points, potentially hiking them from the current 13.8% to

The Canadian federal government has proposed the '25-and-out' pension plan, which aims to revolutionize retirement for frontline public safety and law enforcement workers. Allowing these workers to retire with full benefits after just 25 years of service, this legislation seeks to address