All Article articles – Page 735
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G1 Group appoints auto-enrolment consultancy
G1 Group has appointed a pensions consultancy to help prepare for its auto-enrolment staging date of August 2013.The Scottish leisure operator, which employs 1,800 staff in bars, clubs and restaurants, will receive a full financial analysis of its pension costs and advice regarding the selection of a suitable pension provider ...
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L&G to launch DB pension monitoring platform
Legal and General Investment Management (LGIM) has partnered PensionsFirst to launch an online analytics and monitoring platform for defined benefit (DB) pension schemes.The partnership combines LGIM’s understanding of the needs of pension schemes with PensionsFirst’s provision of DB risk analytics and reporting.The platform has been designed for use by governance-constrained ...
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Employers struggle with global health insurance
A quarter (23%) of employer respondents would like to provide international health insurance to employees but can not afford to do so, according to research by Expacare.Its Anatomy of an international business report found that 28% of respondents viewed international health insurace as essential for any employees working abroad, but ...
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Pensions auto-enrolment handbook 2013
The handbook examines:the importance of having an integrated plan of actiontechnology, including middlewareadministrative suppportpension scheme governanceThe supplement also analyses the key considerations for employers when deciding on advisers and providers to help them with their projects.
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Vote for the best workplace savings platform
The Platforum has teamed up with Employee Benefits to find out which workplace savings platform is the best in the market.If you are an employer which offers your staff a workplace savings platform, or an adviser which recommends them to employer clients then we would like your vote.Vote hereVoting closes ...
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Removal of Nest restrictions urgent
The government’s Work and Pensions Committee has recommended the national employment savings trust’s (Nest) cap on annual contributions be removed, as well as the ban on transfers in and out of the scheme.In its report, Lifting the restrictions on Nest, the Work and Pensions Committee urged the government to introduce ...
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High pay not needed for CEO retention
The need to offer high pay packets to attract top employees to the UK from the global talent pool is a ‘self-serving myth’, according to a report by the High Pay Centre.The Global CEO appointments: a very domestic affair report, which looked at chief executive officer (CEO) appointments among the ...
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Half of employers do not see RTI benefits
Just under half of employer respondents do not see the benefits of real-time information (RTI) reporting, according to research by the Forum of Private Business (FPB).The latest Referendum study, carried out quarterly among FPB members, found that 17% of respondents saw the overall benefits of RTI and 27% saw the ...
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Employee Benefits Awards 2013 is the benefits celebration of the year
Whether or not you have entered the Employee Benefits Awards 2013 it is THE social celebration of the year for everyone in the UK benefits industry.From benefits, pensions and HR managers to suppliers and advisers, this is where those with the finger on the pulse network.You can view details, including ...
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Employee Benefits Live will take place on 25-26 September 2013 in London
For 2012, Employee Benefits Live moved to Olympia National Hall, London and the show was bigger and better than ever!With 38 Conference sessions, over 100 leading reward and benefits providers and lots of brand new Show features, Employee Benefits Live continues to be the must attend event for anyone in ...
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Adecco rejigs pensions for auto-enrolment
EXCLUSIVE: Adecco UK and Ireland is to harmonise a series of pension arrangements, introduce a multi-employer trust for its weekly-paid staff and a group personal pension (GPP) plan for its monthly-paid staff to comply with its auto-enrolment duties.The group of recruitment organisations has 20,000 weekly-paid staff and 3,000 monthly paid ...
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SR Technics UK completes pension buy-out
SR Technics UK has completed a pension insurance buy-out that covers £200 million of pension liabilities and 2,500 members.Its defined benefit (DB) pension scheme was formerly in the Pension Protection Fund (PPF) assessment process. The transaction will enable the trustees of the scheme to grant members an uplift in excess ...
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Wealth at Work appoints new chairman
Wealth at Work has appointed Alan Whalley chairman.Until 2012, Whalley was UK chief executive at consultancy Mercer. He has also held positions at Watson Wyatt (now Towers Watson), including European managing partner and US regional manager.Whalley said: “I am passionate about meeting the rapidly growing need to help people manage ...
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Premier launches specialist charities unit
Premier has launched a specialist charities unit, which will offer a range of pensions, benefits and actuarial services for charities, not-for-profit organisations and educational establishments.It has also set up a charity pension team, which will be led by John Reeve, head of consulting services (pictured).Reeve said: “We are acutely aware ...
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Bonus plan to keep staff off Facebook
Something for the weekend…The invention of social media sites has had an impact on productivity for many an employer. Getting staff to stop using sites such as Facebook during work hours usually involves blocking them, but maybe employers should consider a bonus plan to encourage a reduction in use?Enterprising Massachusetts ...
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DOD’s blog: this week in benefits
Today I had the privilege of lunching with the highly regarded John Greenwood (editor of Corporate Adviser and regular writer for the likes of The Sunday Telegraph and Money Marketing).Few journalists are as clued up on pensions as John, so when he has a beef about something it is usually ...
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Virgin Media’s share scheme windfall
Almost 2,500 Virgin Media employees could receive an average of £15,984 each as the media company is sold to US cable television giant Liberty Global.Around 2,468 staff who signed up for a sharesave scheme in 2009 will share in the proceeds of the deal, which was agreed on 6 February.These ...
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Visa Europe trains staff to volunteer
EXCLUSIVE: Visa Europe is to provide training to employees this month, before they embark on UK-wide volunteering assignments.The credit card company’s volunteering programme, which has been in place for several years, enables staff to develop skills by working directly with local communities.Through the Arc Building Better Business programme, which is ...
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Call for major rethink on executive pay
Pension fund investors have called for a major rethink on executive pay to align it more closely with an organisation’s long-term performance.The National Association of Pension Funds (NAPF), Hermes Equity Ownership Services (Hermes EOS), BT Pension Scheme, RPMI Railpen and USS Investment Management have published a discussion document setting out ...
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Wage growth for UK gas and oil workers
The average salary for full-time UK gas and oil professionals has grown by 7.2% since 2012, according to research by Hays Oil and Gas and jobsite Oil and Gas Job Search.The Oil and gas global salary guide 2013 found that the average salary for full-time gas and oil professionals is ...