All articles by Jennifer Paterson – Page 190
-
Article
Elite workers will be able to demand more pay and benefits by 2020
Employees in technical, professional and managerial roles will be able to demand more in salary and benefits by 2020, according to research by Friends Provident.Its Visions of Britain 2020 report, conducted in conjunction with the Future Foundation, found that future workplaces could be starkly different to those of today, with ...
-
Article
Grays Timber Products employee loses shares case
A decade-long tax dispute about employee share schemes, Gray’s Timber Products Ltd. v HMRC, has had its final legal judgement.The issue at the core of this case was that if shares are acquired from employees for more than their market value then the excess amount is subject to income tax ...
-
Article
Active management strategies will be vital to DC pensions by 2012
More than three-quarters (76%) of pension groups believe active management strategies will play a 'significant' or 'vital' roles in their defined contribution (DC) pension schemes by the time the national employment savings trust (Nest) launches in 2012.According to research by Clear Path Analysis, which was conducted among more than 50 ...
-
Article
PrePay Solutions reaches first anniversary
Prepay Solutions, a strategic alliance between Accor Services and MasterCard Europe, is celebrating its first anniversary.†The company delivers prepaid and electronic card-based solutions to corporate, retail, government, business and consumer markets.Gilles Coccoli,†managing director of Prepay Solutions, said: “The potential of this industry both locally and internationally is huge.†"We are all ...
-
Article
Hewitt Associates partners with Aquila on pensions administration
Consultancy Hewitt Associates has partnered with Aquila, the European pensions administration software provider, to implement its administrator system across Europe. The two companies will work together to move the first UK clients onto the system by the end of 2010.Derek Morgan, European benefits outsourcing lead at Hewitt Associates, said the ...
-
Article
Gift card and voucher sales increase
Sales of gift cards and vouchers grew during quarter four (Q4) 2009, according to sales data from the UK Gift Card and Voucher Association (UKGCVA).The business-to-business sector, where gift cards and vouchers are commonly used as corporate gifts, rewards and incentives, saw an increase of 2.8%.†One significant area of growth ...
-
Article
Marks and Spencer offers free home insulation to staff
Marks and Spencer is offering free loft or cavity wall insulation to all employees to accompany the launch of its new Home Energy Service division and its first new service, M&S Energy Home Insulation.†The retailer will also pay the benefit-in-kind tax on the perk to encourage employees to take part.If ...
-
Article
Babcock International to consolidate defined contribution (DC) schemes
Support services company Babcock International Group is to consolidate its existing unbundled defined contribution (DC) schemes and contract-based plans for the group in the UKThe new pensions arrangement will provide a single defined contribution (DC) pension scheme for employees without access to its existing defined benefit (DB) schemes.All new staff, ...