All articles by Ben Jones – Page 2
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Article
Capita Hartshead launches online annuity quote tool
Real time annuity quotes are now available to Capita Hartshead's clients following the launch of a new online tool.The latest addition to Hartlink Online allows employees to see what pension they can purchase with their ‘pension pot’. The online application lets employees generate quotations direct from the main annuity providers ...
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Article
Acorne grows new team events service
Experience days specialist Acorne has launched a team events service for business clients.The name behind brands such as Virgin Experience Days, The Virgin Voucher, Leisure Vouchers and Exhileration, Acorne now offers group packages at popular venues, designed to reward, motivate and build strong bonds through shared experiences.Acorne also offers a ...
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Article
Personal Group re-brands as product range expands
Employee benefits and financial services provider Personal Group has unveiled a new brand image, with a new logo aimed at combining traditional values with modern developments.The new look is launched at a time when Personal Group is expanding its products, including developing a new customer portal due to be launched ...
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Article
Punter Southall research: One in five employees ‘want to opt out of pensions’
One in five respondents have seen employees wishing to opt out of pension schemes as a result of this year’s new tax regime, according to research by actuarial firm Punter Southall.And more than 40% thought that senior management would be less engaged in schemes over the longer term as a ...
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Article
Pensions Trust launches new ethical fund
The Pensions Trust has added a diversified ethical fund as a new investment option for more than 5,300 members of its flexible retirement plan.The fund, which is also open for new joiners, has three ultimate aims: investing in companies that make a positive contribution to society; using influence as an ...
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Article
MetLife Assurance research: Longevity risk important to defined benefit pension schemes
Employees living longer could have a detrimental effect on pension scheme liabilities, according to new research by MetLife Assurance.Longevity risk was selected as 'important' by 38% of respondents to the UK Pension Risk Behaviour Index, up from 28% in 2010.According to trustees, longevity risk was the fourth most important risk ...
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Article
Punter Southall research: Senior management will be less engaged with pensions due to tax changes
More than 40% of senior management staff will be less engaged with their pension schemes as a result of tax changes introduced on 6 April 2011, according to research by pension actuaries Punter Southall.The survey also shows that around 20% of respondents have already had experience of members wishing to ...
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Article
BBC reduces senior managers' pay
The pay bill for senior staff at the BBC has gone down by £16.6 million in less than two years, according to figures from the broadcaster's annual report.The figure corresponds to a reduction of 21% as of 1 July.In addition, the number of senior managers has reduced by 106 over ...
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Article
Aegon to rebrand UK asset management business
Aegon is to rebrand its asset management activities in the United Kingdom to Kames Capital.Aegon Asset Management has three different strands: general account investments, unit-linked investments for insurance clients, and external third-party mandates.Sarah Russell, chief executive of Aegon Asset Management, said: “The decision to rebrand our UK business reflects our ...
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Article
Legal and General research: Older employees more likely to opt out after auto-enrolment
Older employees claim they will opt out of an occupational pension scheme following auto enrolment when the 2012 pension reforms begin to come into effect from next year, according to research by Legal and General.Those in their 50s and 60s are likely to rely on the state pension and opt ...
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Article
CBI and Hays research: Employers are tuned into flexible working
Reward packages of the future will increasingly reflect the needs of employees, according to research conducted by the Confederation of British Industry (CBI) and Hays.Employers are thinking more flexibly about reward but perks will be driven by employee demand more and more.The report Thinking positive: the 21st century employment relationship, ...
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Article
ALD Automotive/YouGov research: Financial directors unsure of fleet ownership costs
More than a third of UK financial directors are unsure of how to calculate the total cost of ownership of their business cars, according to new research by ALD Automotive and YouGov.The ALD corporate survey revealed that 35% of financial directors are unsure of how to make this calculation, and ...
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Article
Adecco starts engines on Zenith Provecta salary sacrifice car scheme
Recruitment agency Adecco has launched a new salary sacrifice car scheme with Zenith Provecta.The Your Car scheme is available to all employees who are eligible for a cash allowance and to company car drivers.Zenith Provecta has been assisting Adecco Group in promoting the benefits of Your Car and methods used ...
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Article
Wealth at Work research: Only 23% of employers think staff are aware of retirement options
Only 23% of employers believe their employees are aware of the various retirement income options that are available, according to research conducted by Wealth at Work. The Rethink Retirement Survey 2011 also showed that 60% of respondents also believe there will be an increased requirement for specialist retirement advice. Jonathan ...
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Article
Pentland Brands reduces fuel use by 16%
Pentland Brands has cut tens of thousands of pounds from its fleet budget and reduced fuel use by 16% after withdrawing its private fuel benefit.The brand management company behind global brands such as Speedo, Mitre and Berghaus used The Miles Consultancy’s (TMC) mileage audit system to gather the critical fuel ...
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Article
Buyer's guide to financial education (July 2010)
Financial education has probably never been more relevant to employees, and organisations can tailor it to the needs of their workforce in various ways, explains Ben JonesIn an age when those we entrusted with our money fouled the whole business up so spectacularly, one might be forgiven for asking: if ...
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Case Studies
Case Study: TD Waterhouse
Stockbroker TD Waterhouse International knows the importance of keeping staff in smaller offices motivated. The firm’s headquarters is based in Leeds, but it has smaller offices in Manchester, Birmingham, London and Luxembourg. Just six staff are based in its London office.Ann Broughton, senior manager HR, facilities and procurement, says keeping ...
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Analysis
Recognition of employees working remotely
If you read nothing else, read this...Poor communication, physical distance from the employer’s main location and a tendency to be overlooked by managers can lead to a drop in motivation for remotely-located staff.Employees based away from the main workplace may feel detached, and one way to combat this is through ...
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Article
Interview with Ricky D'Ash, remuneration specialist, Equity Insurance Group
Experience of the financial sector has given Ricky D’Ash, remuneration specialist at Equity Insurance Group, an eye for balancing the budget while delivering quality benefitsLike many others in his field, Ricky D’Ash, remuneration specialist at Equity Insurance Group, did not originally plan a career in reward. In fact, he started ...
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Analysis
KFC keeps staff recognition and bonuses on the menu
KFC’s culture of staff recognition and bonuses is helping to dispel some myths about the fast food sector as a rewarding career option, says Ben JonesThe fast food industry has not, historically, been seen as the most attractive place to build a career, particularly for those starting at the bottom ...