Reward & Employee Benefits Association (REBA)

The results are in! The removal of employer National Insurance contribution (NIC) relief could have long-term detrimental effects on workers’ #pension savings, say REBA’s members. Nearly half of organisations that pay workers more than the minimum employer pension contribution will consider reducing these if the Chancellor introduces NICs on employer pension payments in this month's Budget. Research carried out earlier this month, in partnership with the Association of British Insurers, highlights that removing this relief would change employers’ behaviours to be less generous in future, to the detriment of millions of workers: https://lnkd.in/eEbznJgw REBA members can download the full findings here: https://lnkd.in/eDZuN-A2 Thank you to all those who took part in this important survey. The results will be shared with HM Treasury. Yvonne Braun OBE Debi O'Donovan Rt Hon Rachel Reeves Emma Reynolds #nationalinsurance #pensionsavings #employeebenefits #Budget2024

Digital health tools can encourage employees to look after their own health and prevent avoidable illnesses. Pluxee's latest article explores how digital tools are helping to relieve NHS pressures and keep the workforce well: https://lnkd.in/eyn3kSAT

📢 Our latest REBA meets interview is out! 📢 Content director Jo Gallacher sat down with the new CEO of the Money and Pensions Service (Money and Pensions Service) Oliver Morley CBE to discuss the highly anticipated pensions dashboard and strategies for employers to safeguard and enhance their employees' financial wellbeing. Click here to find out more 👇 👇  https://lnkd.in/ed3zkkAA

As well as being the place to hear about future trends that will affect your strategy and receive practical support on tackling shorter-term pressures, a fundamental part of the REBA Future Forum is the curated exhibition. Join us on 21 November for the opportunity to source exciting new vendors with fresh innovations and catch up with existing partners bringing new propositions. There is no better place to discover your solutions for 2025 and beyond. Take a look at the 50+ suppliers that you can connect with during the event via the exhibitor directory: https://lnkd.in/eWXFkvhD #REBAfuture #futureofwork #rewardandbenefits

REBA’s content director Jo Gallacher sits down with WEALTH at work director Jonathan Watts-Lay to discuss the findings from REBA’s Financial Wellbeing Research 2024. From #retirementadequacy; broader social and economic issues; and the growing #financialwellbeing risks facing employees such as costs associated with #housing, #caring and #parenting – there’s a lot to cover. Watch the video: https://lnkd.in/eVu4EKE2 Download the Financial Wellbeing Research 2024: https://lnkd.in/eYDFW-Gf

What are the top retirement initiatives set to make a difference to UK pensions? Tim Middleton, director of policy and external affairs at Pensions Management Institute (PMI) outlines how government and employers are working to improve retirement outcomes: https://lnkd.in/ezd9ncrS Tim's Expert View is taken from REBA's Financial Wellbeing Research 2024. You can download the full report here: https://lnkd.in/eYDFW-Gf

A sympathetic #Budget committed to encouraging #salarysacrifice car schemes can move us closer to meeting net-zero carbon emissions targets, as Alison Argall, customer retention director at Tusker, explains: https://lnkd.in/dx2B6raS

Financial needs are becoming increasingly complex. In REBA’s Practical Guide to Preparing for a New Era of Financial Wellbeing, published in association with Close Brothers Financial Education Services, REBA’s Maggie Williams details how strategies need to evolve: https://lnkd.in/d7S87igg Or download the Guide here: https://lnkd.in/eKJUqNXA #financialwellbeing #financialeducation

Understanding why the UK #pension savings gap is widening is essential for improving #retirementadequacy. Josh Hayes, principal consultant at Howden Employee Benefits, outlines 5 ways retirement behaviours are changing and what this means for pensions: https://lnkd.in/dPiiryNa

Employers don’t always see caring as a big issue, or don’t know of many carers in their workforce. Yet data from Carers UK and ONS shows that 1 in 4 UK employees has caring responsibilities. In this article Yurtle details why having a #carers policy can help to encourage them to come forward to get the support they need: https://lnkd.in/d6qFN7Wa