All Article articles – Page 846
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Capita Hartshead launches pension 2012 micro site
Capita Hartshead has launched a resource for employers that want to keep up to date with the 2012 pensionchanges.The micro site is aimed in particular at those businesses that have yet to start planning for auto-enrolment andneed to know what it is all about and when they need to be ...
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Employee Benefits Live 2011 conference slides
To view a presentation fromEmployee Benefits Live 2011, which was held in London on 27-28 September, please click on the link next to the sessions below. Not all speakers are able to give us permission to put their slides online. When this happens we have tried to persuade them to ...
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Marcia Reid of Finchers Consulting: Employee Benefits Live 2011
Employee Benefits Live has become an essential part of the calendar for the UK employee benefits industry. This is an excellent opportunity to meet potential clients – reward and benefits professional flock to the event – it's also a great networking forum. This year was no exception – The Business ...
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Aegon launches mobile app for 2012 pension reforms
Aegon has launched a mobile application to support employers through the 2012 pension reforms.The Pensions Reform Planner app can be downloaded for free from the Apple store, by scanning a quick response (QR) code, or through the Aegon pension reforms website.The calendar-based app highlights key dates for the pension reforms. ...
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Xafinity Corporate Solutions research: UK pension scheme deficits reach record low
The aggregate deficit of corporate pension schemes in the UK has reached a record low in 2011, now standing just above £300 billion, according to research by Xafinity Corporate Solutions.Based on assumptions at the end of September 2011, total liabilities across occupational pension schemes have now fallen below £1.3 trillion.Hugh ...
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Employee attitudes to dentistry and impacts for companies
Key points:✓✓ Up to 92% of companies believe that good dental health supports overall wellbeing✓✓ Up to 87% of companies are aware of the rising cost of dental cover✓✓ 26% of employees believe that dental access issues are affecting their oral healthThe 2011 Dental Benefits Survey revealed that the number ...
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EXCLUSIVE: Which? increases pension scheme and PMI take-up
Comparison website Which? has increased the take-up of its pension and private medical insurance (PMI) schemes after adding personalised information to its total reward statements (TRS).Take-up levels for the pension scheme are now 82%, while take-up for the PMI scheme is at 56%.Since launching TRS in 2010 with provider Enrich ...
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Unum to introduce new level of income protection cover
Unum is introducing a new level of income protection cover, designed to support the nine out of ten UK employees who do not currently have a financial back-up plan in place against long-term illness or injury. The cover is intended to relieve the financial burden and stress from an employee ...
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Nest Corporation will offer Nest to its employees
Nest Corporation will be one of the employers offering the national employment savings trust (Nest) to its employees, alongside a group personal pension (GPP) plan provided by Aviva.Nest Corporation is among a range of employers of different sizes and sectors using Nest ahead of the introduction of the 2012 pension ...
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Defined Contribution Investment Forum launched
Asset management firms have come together to create a forum as part of its efforts to ensure the investments of defined contribution (DC) pension scheme members meet their retirement objectives. The Defined Contribution Investment Forum (DCIF), which was launched at the National Association of Pension Funds’ (NAPF) annual conference in ...
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NAPF conference: CSC to enhance employee savings platform
IT company Computer Sciences Corporation (CSC) will be enhancing its employee savings platform over the coming months.Speaking at the National Association of Pension Funds (NAPF) conference on 20 October, Jenny Davidson, director of compensation and benefits for Europe, Middle East and Africa (EMEA), at CSC said the firm will be ...
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Chris Evans: Should employers provide healthcare perks for older workers?
Despite the fact that age discrimination legislation allows employers to restrict access to certain insured benefits beyond state pension age, many organisations are now starting to realise it is beneficial for long-term business strategies to respond to the challenges of an ageing workforce. Exemptions do not apply to certain health ...
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EXCLUSIVE: NHS trust switches to online childcare vouchers
Hillingdon Hospitals NHS Foundation Trust has switched its childcare vouchers provider, moving to an online scheme with iPhone accessibility.Take-up in the new scheme, provided by Busy Bees Benefits, has risen to 119 staff from just under 100 previously.The trust has offered childcare vouchers to its 2,500 staff for several years ...
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Leicestershire County Council switches childcare voucher providers
Exclusive: Leicestershire County Council has switched childcare voucher providers.The council switched to Kiddivouchers from RSM Tenon after the latter provider discontinued its childcare services.Davendra Rana, benefits coordinator at Leicestershire County Council, said: “We have received good feedback so far. Once an employees’ payment has come out they will receive a ...
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Growing waistbands impact size of company car fleets
The size of UK company car fleets is getting bigger; but not in terms of the number of cars.Luxury car manufacturers, such as BMW Group, are looking at adjustments to their cars in order to accommodate the growing number of obese people in the UK.While waistbands continue to grow, manufacturers ...
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Santander launches salary sacrifice company car scheme
Santander has introduced a salary sacrifice company car scheme for its UK employees.The scheme, run by Zenith, is available to all staff. The banking group also launched a company car scheme only available to essential business users, which includes 750 eligible employees. The eligible drivers cover over 8,000 miles a ...
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Clifford Chance introduces salary sacrifice car scheme
Clifford Chance has introduced a salary sacrifice car scheme for its UK employees.The scheme, Salary Exchange which is provided by Zenith, operates on a cost-neutral basis for the law firm because the employee sacrifices part of their gross salary in return for a car, saving income tax and national insurance.The ...
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Marie Curie Cancer Care renews fleet management contract
Marie Curie Cancer Care has renewed its fleet management contract with Leasedrive for another two years.†The contract covers 174 cars on contract hire or contract purchase, as well as the provision of short-term rental.Jeremy Sothcott, fleet manager at Marie Curie Cancer Care, said: “When we went out to tender, we ...
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Emap completes buyout of defined contribution pension scheme
Emap has completed the buyout of its defined contribution (DC) pension scheme, which had 6,000 employee members.The scheme had assets before the transaction of around £140 million. The buyout was completed with assistance from Mercer and Capita Hartshead.As part of the buyout agreement, and depending on their membership status and ...
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Buyer's guide to group personal pensions
Focus on factsWhat is a GPP?A group personal pension is a contract-based pension scheme that is arranged by the employer, but each member holds a personal pension contract directly with the provider.What are the origins of GPPs?GPPs came in on the back of individual personal pensions, which were introduced in ...