Michael Ruppel’s Post

The Netherlands needs to be better prepared for an ageing European Union Europe is ageing rapidly. The share of pensioners in Europe will roughly double in the next thirty years. This requires intervention, to mitigate negative effects on Europe as a whole, including on the Netherlands. This is what the Scientific Council for Government Policy (WRR) argues for in its advisory report 'Europese vergrijzing in het vizier. Omgaan met pensioen- en begrotingsrisico’s' [In English: 'European ageing in focus. Dealing with pension and budgetary risks']. English Summary available The English summary of the report is now available and can be downloaded from the website. The WRR presented the report to the Dutch government on 25th of September 2024. A full translation of the report is expected to be published in the first half of 2025 in the series Research for Policy. Studies by the Netherlands Council for Government Policy by Springer. Read more👉https://lnkd.in/eF2JtMcq Read the summary👉 https://lnkd.in/e5wFT9KB

Wouldn’t normally post something like this… I’m putting my views out there as an Employer - I’ve read a lot of guff regarding last weeks budget, whilst checking out a few European cities to see where the Coreus Group European HQ should be located (that’s a joke… or is it? 👀). £1000 donation to The Coreus Foundation if you can guess exactly where I am in the photo? The reality of the budget on our businesses is that it will impact CTEs by between 2-3%. Not a pretty number in the cold light of day. Especially when you consider our longer term business strategies for employee pay, pensions and packages. The knee jerk reaction would be to either strip costs or increase income by passing the impact onto clients. No doubt businesses will deploy a number of tactics whilst they figure out what the longer term impact means to them - probably already doing those two mentioned - interested to know if anyone is already experiencing that? Some will argue that the budget will stifle growth - I am sure that is the case in some instances and other industries/sectors will be hit harder than ours - agriculture in particular. It certainly is a issue from a personal property purchase standpoint - a hike in SDLT overnight probably makes a transaction unviable for me. Shit happens though - I’m lucky to have a roof over my head. I’m steadfast that our approach at Coreus Group and C Squared Construct will be to flip the narrative. We never focus entirely on profitability - always how can we be “better”. How do we make ourselves more innovative, agile and able to deliver exceptional results for our clients and our employees. So go find your statue and create your own narrative as ours is going to be different. I’m looking forward to getting back to work today after a week away - a few ICBA days (I Can Be Assed), the opposite of my well renowned CBA days are inbound. Look out! Cannot wait to debate strategies on how we flip the narrative with our amazing team. Starting the week with a series of company update roadshows with GOD himself James Colthart who no doubt will have his own views on the Labour budget 😂 Life, death, taxes and photos with random statues. Let’s play darts 🎯 Andrew

Possibly one for the IFA’s on here. With the reduction to the threshold at which you start to pay ER NI, I’ve seen a lot of posts about single director companies reducing down their pay in line with the new threshold of £5k. This threshold now sits below the Lower Earning Limit of £6,396. I assume therefore that if they do that it would start to effect their qualifying years towards state pension. Just a thought before rushing in to make changes. #nationalinsurance #statepension #directors

In the realm of employee compensation, Restricted Stock Units (RSUs) have become increasingly popular. These equity awards are often offered as part of a compensation package, especially in the tech industry and startups, to attract and retain top talent. RSUs can be complex. Understanding their pros and cons is crucial for employees who receive them. Let’s delve into the basics of RSUs, how they operate, and the advantages and disadvantages they bring to employees. #wealthmanagement #wealth #retirementplanning #retirement #stocks #taxes #taxplanning #taxplanningstrategies #holisticplanning #cpa #evidencebased #investments #moneymanagement #money https://lnkd.in/g9ESREHB

"Intéressement, Participation, Epargne Salariale“ what do they mean? The French labour market is increasingly competitive: keeping and motivating talent has become a major concern for companies. "Intéressement, Participation, Epargne Salariale“ are powerful levers for retaining your employees. For more information: https://lnkd.in/eqYJ8zWj #Interessement #Participation #EpargneSalariale #FrenchMechanisms #France 

Our case study has helpful information to help your clients make the most of their annual allowances. Download it here.

The effect, next April, of raising the NMW from £11.44 to £12.21 as well as Employers NIC to 15% increases the cost of employment at that level by 7.9%. This may have an effect on employees above that level wanting the current salary differential maintained. There will also be increases in other benefits such as pension contributions. How will your business handle this - will it be by freezing salaries, freezing headcount, reducing headcount, increasing prices, cutting other important costs such as training and R&D?

Last night the Chancellor confirmed plans for further consolidation on LGPS investments. Employers in the LGPS are currently paying in much more than they would be if contribution rates were set today - the expected cost of new benefits in the LGPS has fallen hugely since the rates were last set. Last year employers put more than £9bn in contributions into the LGPS towards new benefits being built up. Even a modest reduction in 2025 could help councils and other employers who are currently having to make very difficult decisions on their budgets. You can read more on my initial reaction here: https://lnkd.in/ei2ejqsC

3 quick things software sales professionals can check to not miss out £££. 1) Are your pension contributions paid from after-tax salary? (relief at source) You need to claim additional tax-relief (can go back 4 years), and switch to Salary Sacrifice to save tax and NI immediately. 2) Are your pension savings, current and previous, sat in defaults? Less growth = less income in retirement. 3) Are you getting the maximum contribution from employer? A small increase to your % may be matched by employer = greater contribution. Small changes -> big impact.

Once the new #end-of-service savings scheme ('EoSS') takes off in the UAE, and once it becomes compulsory, every month, every single #employer will pay a certain percentage of every single employee’s #salary into #investment #funds. The question is how much money will there be in these funds, after one year, after five, after ten? Here's what we think: https://lnkd.in/d5QspyPU Pensions Monitor will be releasing more insights on UAE's new End-of-Service Savings Scheme in the coming weeks. Follow us so you don't miss out. #UAE #markets #financialservices #future #management #HumanResources #EoSS