Finance Bill confirms minimum pension age rise

The recently published Finance Bill confirmed an increase in the minimum pension age to 57 from April 2028. However there could be changes between the Finance Bill becoming the Finance Act. Individuals do not have the ability to protect a retirement age of 55. However schemes that had the right to take benefits at 55 in their […]

What happens to your pension during your maternity leave

If you’re planning to take time out of work to have a baby, chances are your pension isn’t high on your list of immediate priorities. Ensuring your finances are in order is as essential as preparing for being a new parent and the sleepless nights. In addition to your maternity pay, it’s important to think […]

Cash back for essential healthcare

Now, more than ever, we need to be putting focus on our health. I think we can all agree that we are very lucky to have the NHS who we can rely on for free healthcare when we need it. However, there are certain healthcare elements which we don’t have free access to, dental treatment […]

Why employers should make benefits relevant to maximise staff engagement

The world of employee benefits never stands still. The pandemic hastened developments, and there has never been more choice. The dilemma is which ones should employers offer their staff? The most important thing is to make them relevant, targeted and personalised to your own particular workforce. As one leading HR Director says: ‘Personalised offerings provide […]

Let’s talk

One of the (many) things I love about my job is the variety of opinions that I canvass when speaking with existing and potential new employers. It is clear from conversations that I have with employers from different industries, locations, and who have varying employee demographics that there is no ‘one size fits all’ approach […]

Aligning employee benefits with business objectives

There is something very satisfying about setting out objectives, and never more so than when setting out objectives for your business. The next step is to make sure that every aspect of running your business is aligned with those objectives. And that includes reward and remuneration packages: one of the biggest costs for any business, […]

Increasing transparency in pensions’ information

You know you have a problem when the Minister for Pensions and Financial Inclusion, Guy Opperman says: ‘For too long pensions have been shrouded in complexity and technical jargon, limiting people’s understanding of their savings and hampering their retirement planning.’ To be fair, I completely agree with him and make him absolutely correct! Historically pension […]

Group Life Assurance – Registered vs Excepted

Group Life Assurance benefits will pay a lump sum benefit upon death of an insured employee. However, what many people overlook is that traditionally Group Life schemes are written under registered pension scheme legislation and as such, there are instances where an individual can invalidate their pension protection by joining such a scheme. The Lifetime […]

Double award recognition for Wingate Benefit Solutions

We are delighted to announce that Wingate Benefit Solutions have been recognised as shortlisted finalists in two categories at the 2020 Health Insurance and Protection awards. Wingate received this accolade in the highly contested categories of ‘Best Adviser for Group Protection’ and ‘Best Adviser for Group Healthcare’.   These awards are our industry’s ultimate accolade and […]