case studies – Page 2
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Case StudiesHays offers communication around annuities as part of retirement planning
Hays is a FTSE 250 recruitment specialist firm with 3,215 UK employees. Just one in eight (276) employees are aged over 50. The current Hays pension offering is a 2,600-member group personal pension (GPP) plan provided by Legal and General.With offices dotted around the country, some with just two people, ...
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Case StudiesBenefits offered by Murphy Group
The benefits on offer at construction and civil engineering business Murpy Group:Pension and group riskThree pension schemes including a trust-based defined contribution scheme and two master trusts. Employer contributions range from the minimum of 3% through to 12% depending on role, scheme and personal choice.Life insurance for all employees, employer-paid. ...
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Case StudiesITM switches to master trust to ease burden and boost engagement
Independent data consultancy ITM switched from a group personal pension (GPP) to a Cushon master trust in January 2021.Hilary Chapman, head of HR at ITM, says: “We previously had a GPP and were looking to move from our previous pension provider because of issues with administration and lack of member ...
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Case StudiesUniversity of Lincoln supports staff with retirement planning
The University of Lincoln employs more than 2,000 workers in a range of both academic and professional roles and is one of the largest employers in the city of Lincoln.The university acknowledges that in academia, people can, and often do, work into their later years, and often receives requests from ...
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Case StudiesThe Caravan and Motorhome Club plans full pensions communication schedule for 2022
The Caravan and Motorhome Club Pension Plan was established in 2009 and now has around 1200 active members. The club pays double the employee’s contributions up to a maximum of 15%. Pensions manager Sarah Reynolds has planned a series of monthly communications this year, with the help of provider Aegon ...
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Case StudiesHow Suez Recycling and Recovery UK measures the value of its pension scheme
Suez Recycling and Recovery UK has a diverse membership, with a mixture of office-based and manual employees. Many of the organisation's employees are in final salary and local government schemes, but the majority, about 4,000, or 40% of the workforce, are in the organisation's defined contribution (DC) scheme.Michelle Sutton, head ...
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Case Studies
Infographic: Pensions value in numbers
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Case StudiesThe benefits on offer at Reed
The benefits on offer at Reed:PensionA group personal pension, with contribution levels based on qualifying earnings. Reed contributes 3% and employees (co-members) contribute 5%. The default scheme uses a salary sacrifice model and co-members are able to enhance their contributions by choosing a fixed amount per period or sacrificing more ...
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Case StudiesAscential increases pensions awareness with regular education campaigns
Ascential is a fast-growing global organisation which delivers specialist information, analytics and ecommerce optimisation for consumer brands. It has 2,500-plus employees worldwide, of which just under 1,000 are in the UK.More than 85% of current UK employees have taken up its workplace pension with Aviva. Ascential pays from 5% up ...
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Case StudiesDWF offers staff salary sacrifice pension scheme
DWF is a global provider of integrated legal and business services. It employs approximately 4,000 members of staff and has more than 30 offices across the globe.The firm introduced a salary sacrifice pension scheme in 2013 in line with the UK's auto-enrolment legislation, which enables staff and the business to ...
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Case StudiesThe benefits on offer at Sovereign Housing Association
The benefits offered by Sovereign Housing Association:Pension and group riskA defined contribution (DC) salary sacrifice pension scheme for all employees, with employer-matched contributions up to a total of 12% (employee/employer).Life assurance for all employees at four times salary.Healthcare and wellbeingPrivate medical insurance (PMI) scheme, employer paid for all employees with ...
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Case Studies
Infographic: Pensions education in numbers
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Case StudiesWatergate Bay Hotel group provides pension scam information and support for staff
Watergate Bay Hotel group has used trust-based drawdown scheme Crystal since 2014. As well as Watergate Bay Hotel and Beach Retreats on the North Cornwall coast, the employer runs Another Place, The Lake in the Lake District and its newest hotel, Another Place, The Garden in Hampshire.“It is important to ...
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Case StudiesThe benefits on offer at Herbert Smith Freehills
The benefits offered by Herbert Smith Freehills:PensionA defined contribution (DC) pension scheme for all employees, with employer-matched contributions up to a total of 16% (employee/employer).Healthcare and wellbeingPrivate medical insurance (PMI) scheme, employer paid for all employees and their families.Income protection, employer paid for all employees.Health screening, employee paid.Health cash plan, ...
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Case StudiesTesco focuses on pension scheme members' retirement outcomes
Pension scheme managers face a mountain of pressing regulatory work such as preparing data for the pension dashboards and new environmental, social and governance (ESG) reporting challenges, but there is a risk that this can divert attention from the day-to-day monitoring of a scheme’s providers.Ruston Smith, non-executive chair of the ...
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Case StudiesPodcast: Global Marine Group adapts reward strategy to support staff wellbeing during pandemic
?tynanbarton · Global Marine Group/Employee Benefits podcastListen: Paul Rose, director of HR and talent at Global Marine Group, talks to Employee Benefits about how the organisation adapted its reward strategy to place a high focus on employee wellbeing, especially during the Covid-19 (Coronavirus) pandemic.Rose explains that the offshore engineering orgnisation ...
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Case StudiesThe benefits on offer at Global Marine Group
The benefits offered to UK employees at Global Marine Group:PensionA group personal pension (GPP) for all employees with matched contributions at 7.5%.Closed defined benefit (DB) scheme.Healthcare and group riskPrivate medical insurance (PMI) scheme with Axa PPP, employer-funded for all employees.Health cash plan for all employees with Medicash, employee paid.Employee assistance ...
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Case Studies
Infographic: Retirement planning in numbers
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Case StudiesNationwide engages employees with all aspects of retirement planning
Nationwide Building Society has just over 18,000 employees working in high street branches and in call centres throughout the UK.Ian Baines, head of pensions, people and culture at Nationwide, says:“The pension is a key part of our offering. We encourage our 16 million members to save so we want to ...
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Case StudiesACCA opens up conversations with female employees around pensions
The Association of Chartered Certified Accountants (ACCA) accredits and supports a global community of 227,000 members and 544,000 future members. The organisation is headquartered in London and has around 1,400 employees in 44 countries with around 950 in the UK.As befits the first accountancy body to admit women to membership ...