The Labour Party’s election has brought new focus on the tax treatment of carried interest. This proposed reform aims to close a perceived “loophole,” sparking debate over tax equity and the UK’s attractiveness as an investment hub.

Across the Financial Services industry, organizations are adjusting to a rapidly evolving Human Resources landscape. Following the global pandemic, there has been a significant shift in workforce priorities, evidenced by 41% of employees now opting for hybrid/remote working1, an increased demand for compensation transparency, combined with the implementation of new transparency regulations. The success of any compensation function largely hinges on its ability to adapt to such market demands and scale in line with internal business objectives. As companies expand and the workforce becomes increasingly diverse, find out how the shift from excel driven administration to the integration of an incentive compensation platform can address the key challenges of modern compensation and benefits management. Scalability Plan Administration Deferred compensation systems that rely on manual spreadsheets are no longer viable in today’s market, nor do they meet the stringent audit and compliance regulations that many firms are required to adhere to.