All Article articles – Page 808
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Attitudes
Many employers expect to focus on tax-efficient benefits and better promotion of flex in the year ahead as the economy continues to struggle, says Tynan BartonMost respondents believe a flexible benefits scheme adds value to a business by enabling staff to choose perks that best suit their lifestyles and needs. ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Key findings
This survey, carried out in January 2012, is based on 310 responses from Employee Benefits’ readers and users of www.employeebenefits.co.ukRead more flexible benefits research
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Sponsor's comment: Flexible thinking is required
Paul Brown, senior consultant at Towers Watson, calls on employers to make the most of flexible benefits as the economic challenges continueWith the euro crisis continuing to hit the headlines and the UK economy threatening to slide back into recession, there seems no end to the economic gloom. Unless employees ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012
Download a PDF of the Employee Benefits/Towers Watson Flexible Benefits Research 2012 Sponsor’s commentKey findingsAttitudesStructureBenefits on offerTax-efficient benefitsImpact of legislationAdministrationAlternatives to flexEditor’s commentWith one of the biggest pensions changes in recent history due to begin taking effect from October this year, it is perhaps unsurprising that many employers are currently ...
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Workplace Savings Quarterly News
A round-up of the latest news, case studies and research around workplace savings:Workplace Savings News: Employers are favouring corporate platformsWorkplace Savings News: The Platforum offers guide on corporate platformsWorkplace Savings News: BT share price rise poses CGT problem for saversWorkplace Savings News: Informa offers three-tiered savings choice for staffWorkplace Savings ...
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Informa gets set for pension reforms
Informa has renegotiated the annual management charge (AMC) on its group personal pension (GPP), and is introducing a pensions governance committee and financial education sessions in the run-up to auto-enrolment.The changes follow a market review the publishing and events firm conducted with its pension provider, Friends Life, to ensure it ...
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EXCLUSIVE: Esop and MAS team up to educate employees
The Employee Share Ownership (Esop) Centre has partnered the Money Advice Service (MAS) to highlight the importance of financial education to employers.Both bodies plan to lobby the government for more promotion of, and support for, financial education. David Poole, UK director at Esop, said: “Everyone knows financial education is a ...
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CSC platform puts focus on financial education
Technology firm CSC focused on financial education as the basis for its corporate platform when it was launched two years ago.Speaking in a panel debate entitled ‘Holistic approaches to workplace saving - new era or false dawn?’ at the Employee Benefits Pensions and Workplace Savings Summit 2012 on 9 March, ...
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My Family Care launches dedicated childcare and carer website
My Family Care has launched a dedicated back-up childcare and carer services website to help employers provide their working parents and carers with alternative arrangements during the London 2012 Olympic and Paralympic Games.The Work and Family Space, which was introduced in April, joins up the provider’s services, such as emergency ...
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EXCLUSIVE: NATS introduces salary sacrifice company car scheme
National Air Traffic Services (NATS) has launched a salary sacrifice company car scheme as part of a wider programme to support its 4,500 staff in making low-emission travel choices.The air traffic management firm already offers a bikes-for-work scheme, car-share scheme, and shuttle bus from the local train station to its ...
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Flying car in test phase
Employers offering company car schemes might soon be able to consider adding a flying car to their list of choices.After all, the American flying car, dubbed Transition, from aviation company Terrafugia, would certainly help employees beat the traffic. It has just completed its first flight at 1,400 feet for eight ...
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EXCLUSIVE: EB Summit: Call for care on default funds
One-third (36%) of delegates at the Employee Benefits Pensions and Workplace Savings Summit 2012 have an active duty of care over the investment funds/strategy in the default fund(s) offered to staff.A similar number leave this to their adviser or provider, while 15% said a member/staff committee is responsible.In a panel ...
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Buyer's guide to group income protection
Focus on factsWhat is group income protection? It insures employers against the cost of employee absence. Policies pay employees who are unable to work because of injury or long-term illness, covering the income and benefits to which they are entitled under their contract for as long as they are incapacitated, ...
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Business drivers take steps to reduce fuel consumption
Half of business drivers have altered their driver behaviour in an effort to reduce fuel consumption, according to research by ALD Automotive.The survey of 1,000 employee drivers also found that 50% of respondents shop around for the cheapest fuel available.†Two-thirds (65%) of respondents drive slower and more smoothly in an ...
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Kantar Worldpanel boosts pension take-up
Kantar Wordpanel has boosted the take-up of its group personal pension (GPP) plan following a communications exercise.The membership of the firm’s GPP scheme increased from 72% in 2011 to 79% in 2012, following a series of communications with provider JLT Online Benefits in February.The sessions also informed staff about auto-enrolment ...
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EXCLUSIVE: BA to introduce car discount scheme and switch company car provider
British Airways (BA) is to introduce a car discount scheme and new dedicated reward website for its 38,000 employees, and switch provider of the company car scheme for its 200 senior staff.A key issue for the airline when offering company cars is alignment with its wider business policy of minimising ...
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Mitie Group and Ernst & Young among top employers for women
Ernst and Young and Mitie Group are among the employers to receive a place in The Times’ top 50 employers for women list.The list is compiled in partnership with Opportunity Now, the gender equality campaign by Business in the Community. It celebrates organisations that are committed to promoting diversity and ...
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Mills and Reeve to consolidate pensions and switch providers ahead of pension reforms
?Mills and Reeve plans to consolidate its stakeholder and group personal pension (GPP) schemes into one GPP, has switched its pensions adviser, and will offer its 800 staff a pension modelling tool ahead of the pension reforms.The law firm is reviewing its schemes, which have take-up levels above 90%, in ...
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Siemens adds electric cars to UK fleet
Siemens has added its first electric cars to its UK fleet, as part of an overall corporate approach to sustainability.The Nissan Leafs, provided by Lex Autolease, will be used in Lincoln by employees making trips to the engineering and technology firm’s sites and its University of Lincoln Engineering Hub.Siemens has ...
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Buyer's guide to private medical insurance 2012
Focus on factsWhat is PMI?Private medical insurance (PMI) pays for the costs of private medical treatment, enabling claimants to jump the NHS queue and arrange treatment at a convenient time.What are the origins of PMI?The first PMI policy was launched by Crusader Insurance (now part of Cigna) in 1907. Prior ...