All Article articles – Page 671
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Article
RCN awarded for focus on staff wellbeing
Royal College of Nursing (RCN) has been awarded for its workplace health programme.The Royal Society of Public Health (RSPH) Health and Wellbeing Awards, which highlight achievement in the development and implementation of health promotion and community wellbeing, presented the award to RCN for its commitment to the health and wellbeing ...
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Goldman Sachs and Molson Coors awarded Pension Quality Mark
Goldman Sachs and Molson Coors are the latest employers to be awarded the Pension Quality Mark (PQM), which recognises employers’ defined contribution (DC) pension schemes.The PQM standard was awarded to both employers by pensions minister Steve Webb at the National Association of Pension Funds’ (NAPF) annual conference in Manchester on ...
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Michelin awarded PQM for fourth year
Michelin has retained its Pension Quality Mark (PQM) for a fourth consecutive year.The award recognises the tyre manufacturer’s commitment to helping employees save for retirement through its trust-based defined contribution (DC) pension scheme.The PQM, which was launched in 2009 by the National Association of Pension Funds, recognises DC schemes with ...
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Weight Watchers auto-enrols second group of staff
Weight Watchers will auto-enrol its second cohort of staff into a pension on 26 October. These will be drawn from the 1,600 people who lead Weight Watchers meetings, called ‘leaders’.To date, 5% of its 200 head office staff, who were auto-enrolled on 1 August, have opted out of the pension ...
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ArticleAuto-enrolment contributions will not be enough
If a median earner saves only at the minimum contribution rate of 8% of a band of earnings, required under auto-enrolment legislation, throughout their working life, they will have less than a 50-50 chance of achieving an adequate retirement income, according to research by the Pensions Policy Institute (PPI).Its report, ...
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Aspire to Retire launches pre-retirement service
Aspire to Retire has launched a pre-retirement service that enables employers to provide employees with access to pre-retirement guidance and advice.Your path to a better retirement aims to educate pension scheme members on their retirement options and engage employees earlier in their approach to retirement.The service includes:A retirement pack containing ...
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Employers want eligibility criteria altered for auto-enrolment
Half (50%) of respondents who have passed their auto-enrolment staging date said the number one change they would like to see to the legislation is the removal of the age and earnings eligibility criteria so that all UK workers would have to be auto-enrolled, according to research by law firm ...
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Alphabet launches electric cars consultancy service
Alphabet has launched an electric cars consultancy service.The AlphaElectric service aims to help organisations make decisions on the use and adoption of plug-in cars in their fleet programmes, and to increase the use of electric cars in the UK to more than 10,000 in the next three years.It is based ...
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Bupa launches health benefit for all UK staff
Bupa has launched its diagnosis benefit, Business Fit, to all 30,000 UK employees.The healthcare provider’s aim is to offer early intervention to help reduce sickness absence, as well as to diagnose mental health issues quickly and provide physiotherapy treatment for muscle, bone and joint conditions.The benefit includes:Quick diagnosis and treatment.Physiotherapy ...
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Jelf promotes Chris Ford and Alan Millward
Jelf Employee Benefits has promoted two directors.Chris Ford (pictured) has been promoted to director of group risk and individual protection. He was previously director of group risk.In his new role, Ford will also be responsible for individual protection services for both the corporate and individual markets.Alan Millward has been promoted ...
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Employers should fund PMI to aid return to work
A court ruling in a case involving work-related stress has determined that employers could be required to fund private medical insurance (PMI) as part of a ‘reasonable adjustment’ to help employees return to work.The claimant in Croft Vets Ltd v Butcher, who had been a long-serving employee, left work with ...
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Article
ENEI partners Age Inclusive and The Positive Ageing Company
The Employers Network for Equality and Inclusion (ENEI) has partnered Age Inclusive and The Postive Ageing Company to help employers support the changing needs of ageing workforces.The partnership will allow employer members to use Age Inclusive’s online Ageing Workforce Diagnostic tool, which provides analysis of their strengths and offers areas ...
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Working mums earn less after baby
More than two-thirds (68%) of working mothers claim to earn less than they did before having a baby, according to research by Maternitycover.com.Its research, Boardrooms and babies, which surveyed 1,300 UK women, found that only 5% of respondents experienced an increase in salary.The research also found that 45% of respondents ...
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PeopleValue adds fuel card to voluntary benefits
PeopleValue has added a fuel card to its voluntary benefits offering, Advantage6. It can also sit as a standalone voluntary benefit alongside other platforms as it is packaged in its own portal which houses pricing, locations and other information allowing it to be an independent offering outside of Advantage6.The card ...
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Passive investment funds perform better than active funds
Passive investment funds cost less than active ones, and perform better over most time periods, according to research by investment management firm Evercore Pan-Asset (EPA).The governance revolution paper, which analysed 14 equity, bond and alternative asset classes, showed that the passive funds selected performed better than the median actively-managed fund ...
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Jelf Employee Benefits acquires stake in Laterlife
Jelf Employee Benefits has acquired a controlling stake in Laterlife, to extend its offerings for employees approaching, at or going through retirement.Laterlife, which specialises in retirement planning workshops, offers a range of support in areas such as addressing retirement hopes and concerns, developing new interests and managing time.The partnership allows ...
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Equiniti acquires Killik Employee Services
The Equiniti Group, a financial and business services outsourcing provider, has acquired Killik Employee Benefits (KES) to expand the reach of its employee benefits technology platform.KES is a provider of discretionary employee and executive share plan administration.The acquisition aims to help The Equiniti Group:Strengthen its global offering for UK organisations ...
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Busy Bees acquired by Canadian pension fund
The Ontario Teachers’ Pension Plan has acquired UK childcare provider Busy Bees Nursery Group for an undisclosed sum. Busy Bees currently operates 213 nurseries and employs 7,000 employees.Jo Taylor, head of the Canadian pension fund’s London office, said: “We hope that with our support Busy Bees will be able to ...
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ArticleAbsence could be cut by over a third
The UK and Germany have the worst sickness absence rates in Europe, lagging behind countries such as France, Poland and Romania, according to a report by the Fit for Work Europe Coalition.The report, which was written by The Work Foundation, found that an extra one million employees could be at ...
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Sickness absence levels up slightly
Sickness absence is back up to the levels observed in 2010 and 2011, at an average of 7.6 days per employee per year, following a small decrease in 2012, according to research by the Chartered Institute of Personnel and Development (CIPD).The annual CIPD/Simplyhealth Absence management survey, which was completed by ...