All Article articles – Page 588
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ArticleDOD’s blog: Finger on the pensions pulse
This week the big annual pensions industry gathering is taking place – the National Association of Pensions Funds (NAPF) is meeting in Liverpool.It is always a great opportunity to take the temperature of what people (employers, trustees, suppliers, advisers and government ministers) think about the current state of British pensions.A ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 9 to 15 October:Members to be able to take tax-free lump sums from pensionsWhy new retirement options should lead to a revamp of HR and benefits strategiesMasks to tackle workplace stressEnding of colleague’s contract not maternity discriminationTravis Perkins Group strengthens EVPGovernment ...
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ArticleNestle employee liable for tax on payment in lieu of benefit
A former Nestle employee’s has been ruled to be liable for the tax on a lump sum payment received in exchange for giving up membership of the organisation’s healthcare scheme.While Mr Forsyth was employed by the organisation, the claimant was a member of its healthcare scheme. Although this membership ceased ...
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ArticleEmployee Benefits Awards 2015 open for entries
The Employee Benefits Awards 2015 are now open for entries.The awards offer benefits professionals the ideal opportunity to showcase, and gain recognition for, the outstanding work they have done over the past 12 months.With 22 categories to enter, there is sure to be at least one to showcase any organisation’s ...
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ArticleGovernment must deliver substance says shadow pensions minister
The lack of substantial action by the government on pensions governance committees, charges caps, transaction costs and the 2014 Budget reforms all came under attack by shadow pensions minister Gregg McClymont when speaking at the annual National Association of Pension Funds (NAPF) conference in Liverpool.McClymont warned that the success of ...
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ArticleFTSE 350 CEOs receive 12% rise in remuneration
FTSE 350 chief executive officers (CEOs) received a 12% increase in their remuneration last year due to the improving financial performance of FTSE 350 companies, according to research by EY.Its Future horizons report also found that chief financial officers received a 9% rise in their remuneration.The increases for both groups ...
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ArticleTravis Perkins Group strengthens EVP
EXCLUSIVE: Travis Perkins Group has reviewed its benefits offering for its 24,000 employees and has launched a number of initiatives to boost its employee value proposition (EVP).The builder’s merchant and home improvement retailer, which also owns 17 other brands including Wickes and Toolstation, has launched an online benefits portal, rebranded ...
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ArticleOfcom enters into fifth pension buy-in
Ofcom has continued to manage its defined benefit (DB) pension scheme deficit with a buy-in contract to help de-risk its scheme liabilities.The buy-in arrangement with Legal and General, which is the fifth contract between the insurer and the communications regulator, covers a further £50 million of Ofcom’s (Former ITC) staff ...
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ArticleAmerican Express and Deutsche Bank to speak at FEM's Global Mobility Summit
American Express, Deutsche Bank, and TNT Express are among the employers that will speak at the Europe, Middle East and Africa (EMEA) Global Mobility Summit 2014 in London on 7 November. This flagship event, run by Employee Benefits’ sister brand the Forum for Expatriate Management (FEM), brings together influential global ...
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ArticleNAPF and PMI to discuss merger
The National Association of Pension Funds (NAPF) and The Pensions Management Institute (PMI) have announced their formal intention to discuss the possibility of merging the two organisations.The possibility of a merger will be discussed over the next six to nine months, after which both organisations will update their members and ...
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ArticleFTSE 100 directors' pay rises by 21%
FTSE 100 directors’ total earnings have risen by more than 21% in the past year while average wages in the UK have stagnated, according to research by Incomes Data Services (IDS). Its IDS Directors pay report 2014/15, which collates data from organisations’ annual reports, found that the overall earnings growth ...
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ArticleNHS staff strike over pay
Thousands of NHS employees, including nurses, midwives and ambulance staff, are taking strike action over the government’s proposed 2014/15 pay awards.Unison, Unite, GMB, Royal College of Midwives (RCM) and Union of Construction, Allied Trades and Technicians (UCATT) members working in the NHS will strike on 13 October for four hours.Staff ...
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ArticleLandmark offers DNA tests to aid staff health and fitness
Landmark Information Group has introduced DNA testing to help employees manage their diet and boost their fitness.Landmark teamed up with British Olympian and Commonwealth 2014 Games Medal winning cyclist Jess Varnish and British nutrigenetics firm DNAFit Life Sciences, to offer DNAFit, which can reveal the best workout and diet to ...
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ArticlePFK Cooper Parry introduces open holiday policy
Accountancy firm PFK Cooper Parry has introduced an open holiday policy, enabling employees to decide how much paid time off work they take and when they take it.The scheme, which forms part of the organisation’s flexible-working strategy and launched last month, is based on managers’ trust that their teams will ...
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ArticleMasks to tackle workplace stress
We all have our own ways of dealing with work-related stress.Here at Employee Benefits, we are known to favour sweet treats as deadlines approach. But employees in Japan could soon experience a novel way of relieving stress at work thanks to Japanese designer Tomomi Sayuda, who has designed a role-playing ...
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ArticleDOD’s blog: What does Ebola mean for global mobility?
In the past few weeks I have had several conversations with HR people about the impact of Ebola.In particular, those responsible for expatriates are not sure how to react.One employer had expat staff out in West Africa so had to decide whether to bring them back to the UK. And ...
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Top 10 most read stories this week
1. Employee Benefits Live 2014 speaker slides2. Rolls Royce switches healthcare trust provider3. Court rules employers are liable for lost pension rights4. Southern Water launches employer-paid health cash plan5. Virgin Money to award staff £1,000 share bonus6. Employee fails to win claim for outstanding sick pay7. Hyde Group to add ...
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ArticleKirsten Bromilow joins salesforce.com
Kirsten Bromilow has joined cloud technology firm salesforce.com as a benefits analyst.Part of the total reward team, she will be responsible for managing benefits across the EMEA region.Bromilow worked at Google UK as an HR business partner and benefits specialist for three years, before taking some time out to be ...
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ArticleHelen Jackson joins Lloyds
Helen Jackson has been appointed head of performance and reward for Lloyds Banking Group’s retail and insurance divisions.Acting as the link between the business and group performance and reward, she will also be responsible for leading the reward agenda.She was previously executive reward director at Diageo and has held reward ...
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ArticleMisys promotes Anne Teggart
Anne Teggart is the new head of global benefits at Misys after being promoted from her previous role of head of performance and pensions.She is now responsible for the organisation’s benefits strategy.Teggart previously worked at Sapient as head of reward for Europe, and before that was at Sony Pictures and ...