All Article articles – Page 549
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Arco and Halfords shortlisted for voluntary benefits
Arco, Halfords and Johnson Matthey are among the employers shortlisted for the award ‘Best voluntary benefits’ at the Employee Benefits Awards 2015.For this award, the judges were looking for an employer that has used staff-paid, voluntary benefits or staff deals in an effective manner.The full category shortlist is:Arco – Perks ...
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Tata Steel staff vote in favour of industrial action over pensions
Tata Steel employees have voted in favour of industrial action over the closure of its defined benefit (DB) pension scheme to future accrual.The official ballot took place on 6 May and closed on 29 May.As of December 2014, the British Steel Pension Scheme (BSPS) had 143,000 members, with 17,004 making ...
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Employee Benefits digital magazine – June 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links on the right under ‘Related articles’ (these articles will go live in stages during June 2015).Read the full digital June edition of Employee BenefitsHow has the employee evolved ...
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Tusker inspires Herts
This article is written by our channel sponsor, Tusker.Tusker struck big at the prestigious Inspiring Hertfordshire Awards on 14 May and took away the award of the night, winning Overall Business of the Year. Not satisfied with one, it also scooped up the award for Innovation through Technology. The coveted ...
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Virgin Management offers a year's parental leave on full pay
Virgin Management has introduced a year’s full pay for employees taking maternity, paternity or adoption leave once staff have accrued four years’ service with the organisation.All working parents at Virgin Management, irrespective of gender are to be given up to 100% of their basic salary over 52 weeks following the ...
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One in five not saving for retirement
A fifth (20%) of UK employees are not saving anything towards their retirement, according to research by Scottish Widows.The 11th annual Scottish Widows Retirement report, based on responses from 5,191 UK adults, also found that retirement savings have reached a record high, with 56% of respondents now saving adequately.The average ...
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Employers failing to correctly register share plans online
Some employers are failing to correctly register their share scheme plans using HM Revenue and Custom’s (HMRC) new online services.Examples of incorrect share scheme registrations, which must be done by 6 July or else schemes risk losing their tax advantages, include registering a plan under the wrong scheme type and ...
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Pension reforms impact slows down but DC landscape changes
But according to the Defined Contribution Investment Forum’s At-retirement solutions for the new pensions era report, published in April, the impact of the reforms on scheme redesign has been more limited than expected.It also found that many schemes are planning to introduce self-select options for each possible retirement option now ...
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Spie UK introduces hybrid company cars
EXCLUSIVE: Energy, safety and environmental solutions firm Spie UK has taken delivery of hybrid cars for its fleet.The new fleet comprises 1,000 ultra-low emission cars provided by ALD Automotive.The three-year contract with ALD Automotive is inclusive of accident management and total cost of ownership for employees, which provides a more ...
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Tusker gives free use of electric car to Salford City Council
This article is written by our channel sponsor, Tusker.Leading salary sacrifice car scheme provider Tusker has given Salford City Council free use of a Nissan Leaf for a year, to help promote green travel among employees.Tusker has supplied 10 Nissan Leafs to key customers around the country to dispel the ...
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Uncrystallised pension lump sum biggest challenge
Complying with HM Revenue and Customs’ (HMRC) reporting standards around withdrawal of Uncrystallised Fund Pension Lump Sum (UFPLS) is the biggest technical challenge for providers, according to research by retirement solutions provider Dunstan Thomas.The poll, which was conducted in May 2015, found that 40% of the 15 providers surveyed view ...
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Employee Benefits Live returns in September
Employee Benefits Live will return to Olympia, London, on Monday 21 and Tuesday 22 September 2015.Europe’s largest dedicated reward and benefits event, now in its 17th year, offers an extensive editorial-driven conference programme alongside an exhibition packed with leading industry suppliers, advisers and consultants.Topic’s covered in this year’s conference will ...
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Clyde and Co, Deutsche Bank and Npower promote National Carers' Week
EXCLUSIVE: Clyde and Co, Deutsche Bank, Mercer, Npower and Suffolk County Council are among a number of employers that are promoting the benefits that they offer to support working carers during National Carers’ Week.During the week, which runs from 8-14 June, the organisations will promote their offerings to help employees ...
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Tusker wins Best Car Scheme UK at the Business Excellence Awards
This article is written by our channel sponsor, Tusker.Tusker has won the ‘Best Car Scheme UK’ against stiff competition from some of its largest and most well-established competitors in the UK at the prestigious Business Excellence Awards, supported by Acquisition International.The Business Excellence Awards highlight and celebrate outstanding performance and ...
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Deloitte among top employers for working parents
Cafcass, Centrica, Deloitte and The London School of Economics and Political Science (LSE) are among the winners of the 2015 Top Employers for Working Families Special Awards.The sixth annual awards, which were founded by Working Families in partnership with the Institute for Employment Studies and sponsored by Computershare, recognise exceptional ...
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Government plans action to cap pension freedom charges
The government is planning action to ensure pension scheme members accessing the pension freedoms are not charged excessive early exit fees.It will launch a consultation in July to ensure penalties are kept to a minimum and scheme members are treated fairly when moving their pension to a provider that offers ...
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Aberdeen Asset Management improves financial education for its own staff
Aberdeen Asset Management is running a number of financial education seminars for its 2,000 employees. A number of different topics have been covered to appeal to all age ranges, from learning how to get on the housing ladder to how to make a pension last longer.In the seminars, provided by ...
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Lifestyle default funds fall 9% in four months
Lifestyle pension default funds have lost 9% of their value in four months, according to research by Hargreaves Lansdown.Its study, which is based on the average rate of return for all Hargreaves Lansdown savers using a lifestyle fund, also estimates that 720,000 pension savers are currently invested in default funds.The ...
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60% of fathers lack suitable working pattern
Half (50%) of working fathers believe that flexible working is perceived as a sign of a lack of commitment to their role, according to research from My Family Care, published in June 2015.The My Family Care fathers’ survey had 1,030 respondents in total: 1,000 fathers took part in the survey ...
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Tibbalds increases employee ownership to 60%
Tibbalds Planning and Urban Design has increased employee ownership to 60%.The independent planning, urban design and architecture consultancy introduced majority employee ownership earlier this month when its employee ownership trust (EOT) bought shares from the organisation’s four founders: Hilary Satchwell, Jane Dann, Jennifer Ross and Sue Rowlands.The move is part ...