![]() |
The benefit cap started today in four London boroughs – as the move to set a clear limit on benefits takes effect. Claimants in Haringey, Enfield, Croydon and Bromley will see their benefit claims limited to £500 a week – or £26,000 a year – for couples and those with children and at £350 a week for single people. The benefit cap will be implemented nationally from 15 July with all appropriate households capped by the end of September. Secretary for Work and Pensions Iain Duncan Smith said: "The benefit cap is a key part of our reforms to restore fairness to the welfare state. "It will provide clear incentives for people to get into employment and will give taxpayers the assurance that high claims out are no longer possible. "We have also ensured vulnerable people are protected with clear exceptions for people claiming disability benefits. "But we have a very clear message: we will provide support to those who need it, but the days of outrageous claims giving people incomes far above those of hard working families are over." The cap will apply to combined income from the main out-of-work benefits ¬jobseeker’s Allowance, Income Support, and Employment Support Allowance - and other benefits such as Housing Benefit, Child Benefit and Child Tax Credit and Carer’s Allowance. The benefit cap will not affect a household if a member is entitled to Working Tax Credit, increasing the incentive to find work. All households which include somebody who is receiving Disability Living Allowance will be exempt as will those who receive a War Widow’s or Widower's Pension. The benefit cap will not be applied for 39 weeks to those who have been continuously in work for the previous 12 months. |
|
|
|
Actuarial Consultant - Pensions | ||
Midlands / hybrid after initial training programme with 3 days p/w office-based - Negotiable |
Project Actuary - Life | ||
Midlands / hybrid with 2 days p/w office-based - Negotiable |
Project Actuary - Lifetime Mortgages | ||
Midlands / hybrid with 2 days p/w office-based - Negotiable |
Lead Project Review Actuary | ||
Midlands / hybrid with 2 days p/w office-based - Negotiable |
Technical Pensions Actuary | ||
Remote / hybrid / flexible - Negotiable |
CONTRACT: Head of Capital and Insuran... | ||
South East - Negotiable |
Pension Fund Accountant | ||
Midlands / hybrid with 3 days p/w office-based - Negotiable |
Actuarial Analyst - Reserving & Capit... | ||
London / hybrid with 2 days p/w office-based - Negotiable |
DC Investment Consultant | ||
Nationwide / Hybrid – min 1 day p/w office-based - Negotiable |
GI Actuarial Analyst (Pricing) | ||
London / hybrid with 3 days p/w office-based - Negotiable |
GI Reserving Analyst | ||
London / hybrid - Negotiable |
Actuarial Analyst: Pricing & Product ... | ||
Flexible with hybrid working - Negotiable |
Non-life Consultant/Associate Consultant | ||
London / hybrid with 2-3 days p/w office-based - Negotiable |
Commercial Lines Pricing Consultant | ||
South East / hybrid - Negotiable |
Pricing Lead | ||
Flexible / hybrid with travel to Edinburgh office and 2 days p/w office-based - Negotiable |
Senior Pricing Actuary | ||
Bermuda - Negotiable |
Reserving Actuary- Bermuda | ||
Bermuda - $250,000 Per Annum |
Pricing Analyst | ||
London - £45,000 Per Annum |
Senior Pricing Actuary | ||
London - £125,000 Per Annum |
Reserving Technical Specialist | ||
London / hybrid with 3 days per week office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.