UK tax reforms challenge employers
Teresa Preece of Mercer London explains a new tax charge on the pension scheme contributions of high-net-worth individuals as part of a larger move by the UK to limit disproportionate tax relief for retirement savings. (HRadio, 16 Mar 2010) More
UK seeks comments on Equality Bill guidance
The United Kingdom’s Equality and Human Rights Commission (EHRC) has opened consultations on draft codes of practice and non-statutory guides to support implementation of the Equality Bill, which is likely to come into force later this year. (Access limited, Select News, 16 Mar 2010) More
Korea introduces flex work for government workers
The Korean government will implement a flexible work system for central and local government employees in the second half of 2010. The Labor Ministry plans to introduce similar flextime and discretionary work systems to the private sector. (Access limited, Select News, 15 Mar 2010) More
Ireland launches national pension reform framework
The Irish government has launched its National Pensions Framework, which brings clarity to the future of the Irish occupational, private, state and public service pension systems. Mercer Ireland has prepared a summary and commentary on the proposals. (Access limited, Select News, 15 Mar 2010) More
Prepare UK employees for tax increases
Tax increases for high-net-worth individuals in the UK commence in April with the new tax year. Roger Breeden of Mercer London discusses the changes and implications for employers and highly compensated employees. (HRadio, 15 Mar 2010) More
Exec pay issues in France (French)
Bruno Fourage of Mercer Paris explains how the global economic crisis fueled changes in executive pay and corporate governance laws and regulations in France. This podcast is presented in French. (HRadio, 12 Mar 2010) More
Analysis: Inconsistent pay policies waste resources
Data on corporate pay rates suggests that inconsistency in adhering to pay principles has a dramatic impact on corporate costs and staff retention risks, according to preliminary findings by Mercer. (Mercer, 12 Mar 2010) More | Article
Germany establishes health reform commission
The German government has established an eight-minister health reform commission to draft principles for financing the health care system, which has been facing increasing costs. The commission’s first meeting will be held 17 Mar 2010. (Access limited, Select News, 12 Mar 2010) More
Qatar issues proposal on short-term life insurance
The Qatar Financial Centre Regulatory Authority, an independent regulatory body, has consulted on the issue of general insurers wishing to offer certain short-term life insurance policies in or from the Qatar Financial Centre. (Access limited, Select News, 12 Mar 2010) More
HK’s new budget includes health care, job measures
Possible health care premium tax deductions, a supplementary health care financing option and HK$173 million additional funding for job market measures were presented in the Hong Kong financial secretary’s 2010-11 budget speech on 24 February. (Access limited, Select News, 11 Mar 2010) More
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