2024 pension contributions surge by £285, as gender gap widens
On average, savers contributed £285 (19%) more to their pensions in 2024 compared to 2023, taking the average up from £1,192 to £1,477.
One in six foreign-born workers experience precarious work, finds Resolution Foundation
Analysis revealed that among foreign-born workers without UK citizenship, around one in six (460,000 total), were in some form of precarious work.
Government to provide additional support for British business following Trump tariffs
The package will give UK Export Finance (UKEF) the power to expand financing support for British businesses by £20bn.
MOKE International to create dozens of EV jobs with Midlands factory opening
Electric vehicle manufacturer MOKE International has tripled its workforce with the opening of a new manufacturing facility in Leamington Spa.
Regulators deploy AI to detect and remove pension scam websites
Developed by The Pensions Regulator (TPR) and the Pension Scams Action Group (PSAG), the system uses machine learning models trained on real-world data to flag suspicious sites.
Each Person partners with Fleet Mortgages to enhance employee benefits
The Each Person platform includes a recognition tool designed to enhance workplace culture, aiming to ensure that every team member feels appreciated.
AI could exacerbate gender divide in the workplace, says Robert Half
In the firm’s Candidate Sentiment Survey, more than a third (38%) of men revealed plans to develop their AI knowledge this year, while just 27% of women intend to do so.
Majority of employees want earlier pension education and more employer support
New research revealed that 67% of UK workers with a workplace pension wish they had learned about pensions earlier in life.
Phoebus strengthens ESG strategy with new charity and education partnerships
Phoebus Software has expanded its community and educational initiatives as part of its ongoing ESG strategy, including a new charity partnership and continued support for tech education.
Poorly performing small DC schemes hit with fines as TPR tackles poor governance
TPR said it wanted trustees that cannot compete with the industry’s best to think about whether their savers would be better off in a larger scheme.
Whistleblower reports increase by 16% in 2024, finds Safecall
Safecall’s flagship annual Benchmark Report revealed the non-profit sector was the most active in making reports.
moneyappi launches financial wellbeing app for employees
The platform integrates artificial intelligence (AI), gamification, and behavioural science to empower employees to improve their financial literacy.
