All Article articles – Page 736
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Killik partners Sanne Group for EBTs
Killik Employee Services (KES) has partnered with fiduciary services provider Sanne Group to provide trustee services for employee benefit trusts (EBTs).The partnership will combine KES’s share plan administration technology and Sanne Group’s focus on specialist trusteeship.KES’s employer clients can now access the trustee service.Martin Osborne-Shaw, managing director at KES (pictured), ...
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2013 Corporate Adviser award winners
Employee Benefits’ sister publication, Corporate Adviser, announced the winners of its annual awards on 5 February at the Grosvenor House Hotel.Thomsons Online Benefits was named corporate adviser firm of the year 2013, while corporate adviser small firm of the year went to 80TwentyConsultancy.The winners also included:Ultimate default fund 2013 – ...
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Most over-50s have never increased pension contributions
More than half (62%) of over-50s who are still in work have never increased the amount they contribute to their pension, according to research by Friends Life.Its Pension savings report, which surveyed 1,606 ovr 50s who have not yet retired, found that, of those who have made adjustments, 56% have ...
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Small business unaware of RTI
Only 19% of respondents are aware of, and prepared for, the introduction of real-time information (RTI) reporting in April, according to research by Crunch Accounting.Its study of 503 people working in small businesses, found that 46% of respondents had no knowledge of RTI, while 35% were only vaguely aware of ...
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UBS changes compensation framework
UBS has implemented changes to its compensation framework to better align employee and shareholder interests.According to the bank’s Fourth quarter 2012 report, these changes aim to focus employees on medium and longer-term performance, provide them with the opportunity to benefit from the bank’s long-term success, and make the compensation framework ...
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Medically-underwritten buy-ins could equal DB pension savings
Trustees of defined benefit (DB) pension schemes could secure savings of 10% or more by de-risking their pensioner sections through a health and lifestyle underwriting technique, according to a report by the Pensions Institute at Cass Business School.A healthier way to de-risk: the introduction of medical underwriting to the defined ...
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Employees want more festive stress support
Employee respondents would have liked to receive more emotional or stress-related support from their employer during the festive period, according to research by Canada Life Group.The research, which surveyed 1,613 employees, found that 13% of respondents received additional access to emotional or stress-related support from their employer, while a further ...
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Employers' fears over providers' RTI readiness
More than half (52%) of employer respondents expect payroll providers to supply the support needed to be real time information (RTI) compliant, according to research by PricewaterhouseCoopers (PWC).Its survey of 197 HR and payroll professionals found that 99% of respondents will need some level of support to ensure they are ...
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Small employers do not support consolidation
Only a fifth of small employers surveyed believe the government should encourage scheme consolidation in the pensions market, according to research by the Association of Consulting Actuaries (ACA).Its report, Challenges ahead for the new medicine, forms the second part of the ACA’s Smaller firms’ pension survey, which was published in ...
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Mercer appoints Fiona Dunsire UK CEO
Mercer has appointed Fiona Dunsire chief executive officer.Dunsire joined Mercer as a graduate in 1988, and has almost 25 years of experience consulting in the UK.Her previous roles within the business include senior client leader and business leader in Mercer’s investment business. She has also served on a number of ...
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Employers should measure pension scheme value
Employers should measure the value of their pension schemes to ensure they are fit for purpose, according to Debbie Harrison, senior visiting fellow at The Pensions Institute at Cass Business School. Speaking at the Employee Benefits Pensions and Workplace Savings Summit on 31 January, Harrison said employers should start by ...
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SMEs face pensions advice gap
Small and medium-sized (SME) employers are suffering a severe shortage of advisory support in managing their pensions schemes, according to Dr Debbie Harrison, senior visiting fellow at The Pensions Institute at Cass Business School.Speaking at the Employee Benefits Pensions and Workplace Savings Summit on 31 January, Harrison expressed concern about ...
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DOD’s blog: this week in benefits
For two days this week the Employee Benefits gang have decamped to the luxurious surroundings of the Four Seasons Hotel in Hampshire – to a lifestyle to which we would love to become accustomed.We haven’t come alone. We have brought with us several dozen leading benefits and HR managers who ...
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For the love of benefits
Something for the weekend…Taking the time to show employees they are appreciated can do a lot for staff motivation, even if it is just a small gesture or a thank you.Valentine’s Day is the time of year when saying how you feel through gestures is at its most popular, so ...
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Vielife partners PMI intermediaries
Vielife has partnered with a range of large and mid-sized private medical insurance (PMI) intermediaries.The health and wellbeing provider has not yet released the names of the intermediaries yet, but will do so throughout 2013.The partnership will offer the intermediaries access to Vielife Online, a platform that mines health and ...
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Infrastructure platform secures investors
A platform to support pension funds’ investment in infrastructure projects has secured ten funds as founding investors, reaching £1 billion in investment capital.The Pensions Infrastructure Platform’s (PIP) 10 investing funds are: British Airways Pension Scheme, BAE Systems Pension Funds, BT Pension Scheme, Lloyds TSB Group Pension Schemes, London Pension Fund ...
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Scottish Life launches six new investment funds
Scottish Life has launched six new funds within its core investment fund range.The pension provider, which is part of the Royal London Group, now offers 164 funds from 29 fund managers.The new funds include four external funds, three of which are rated by independent investment research consultancy Morningstar OBSR, and ...
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Heineken focuses on purchasing power of pension funds
Heineken regularly reviews its default and lifestyle funds alongside annuity prices and inflation to give a better picture on the purchasing power of the funds.Speaking at Employee Benefits Pensions and Workplace Savings Summit 2013, Carol Young, pensions manager at Heineken, said: “One of the things that we felt very strongly ...
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Employers not monitoring driver risk
Only 30% of employer respondents regularly monitor their risk position relating to employee drivers safety, according to research by Fleet 21.The Fleet 21 business driver report found that 64% of respondents do not have a fixed budget for driver safety and 11% do not have formal policies in place around ...
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Technical support offers cost savings for fleets
Employers could achieve the greatest fleet savings (39%) by improving technical support, such as automating car-servicing arrangements and specifying a partner garage for repairs, according to a review by LeasePlan.Its review of more than 133,000 company cars found that employers could save more than £50 million, an average of £400 ...