All articles by Jennifer Paterson – Page 49
-
Article
Grant Thornton launches salary sacrifice cars
EXCLUSIVE: Grant Thornton has launched a salary sacrifice car scheme for its 4,200 employees.The scheme, which was rolled out in August and is provided by SG Fleet, caps carbon emissions at 130g/km to promote its green focus.The professional services firm had previously offered a car leasing arrangement to staff, as ...
-
Article
BT to consider workplace savings platform
Bringing workplace savings benefits, such as pensions and share schemes, all together into one place on a workplace savings platform is the way forward, said Kevin O’Boyle, head of pensions at BT Group speaking at Employee Benefits Live on 25 September.“But it can’t substitute with live face-to-face action,” he added.The ...
-
Article
JLT Employee Benefits launches pensions white paper
JLT Employee Benefits has launched a white paper, which provides an analysis of the evolution of the pensions landscape in the UK since the Pensions Commission report in 2004.The paper, Achieving the 21st century pensions settlement, was launched at a panel discussion at the Liberal Democrats’ party conference on 16 ...
-
Article
Benefits do not suit multi-generations
The majority (85%) of respondents do not feel their current benefits package offers the flexibility required to suit their needs, according to research by Barclays Corporate and Employer Solutions (C&ES).The Talking about my generation: exploring the benefits engagement challenge report, which surveyed 1,200 UK employees, was commissioned by Barclays C&ES ...
-
Article
Barclays launches workplace savings product
EXCLUSIVE: Barclays Corporate and Employer Solutions (C&ES) is to launch a workplace savings and financial education product that focuses on the needs of the different generations of employees.Barclays Beyond Benefits brings together consultancy services, traditional employee benefits, share plans, pensions, financial education and banking services in a single online portal.It ...
-
Article
British Gas and Citi awarded for working parents' support
British Gas, Citi and Plantronics are among the employers that have been awarded for their benefits and policies that support working parents.The Top Employers for Working Families Benchmark Awards, founded by charity Working Families in partnership with the Institute for Employment Studies and sponsored by Computershare Voucher Services, recognise employers ...
-
Article
Auto-enrolment biggest benefits challenge
EXCLUSIVE: More than a third (39%) of respondents said preparing for auto-enrolment is their biggest objective over the next 12 months, up from 25% last year, according to research by Aon Hewitt.Its Employee benefits and trends survey 2013, which questioned nearly 350 UK HR and benefits professionals, found that other ...
-
Article
L&G to cap auto-enrolment pension charges
Legal and General is to cap the charges for auto-enrolment pension schemes at 0.5%.The charge is to cover both the annual management charge (AMC) for administration of a defined contribution (DC) pension and the charge for Legal and General’s default fund, Multi-Asset Lifestyle Portfolio.Employers, and their employees, that select Legal ...
-
Article
Australia, UK and US have largest DC pension markets
The defined contribution (DC) pension markets in Australia, the UK and the US are the largest globally, according to research by Schroders.Its Lessons learnt in DC from around the world report investigated the universal commonalities and local distinctions in DC systems, and highlights the key concepts that determine success and ...
-
Article
Employees look to employer for asset allocation decisions
Around 2.6 million people who have not yet retired are most likely to look towards their employers for help with asset allocation decisions around their retirement planning, according to research by Baring Asset Management.The research, which was conducted online among 1,581 non-retired UK adults, found that 14% of respondents said ...
-
Article
The Positive Ageing Company launches eldercare scheme
EXCLUSIVE: The Positive Ageing Company has launched an online programme that aims to help employers support employees with eldercare responsibilities.Its programme, AgeingWorks, is a one-stop shop of information and services that employees can use to better prepare for and manage the challenges and opportunities that ageing can present.The information and ...
-
Article
L&G adds stress toolkit to income protection product
Legal and General has enhanced its group income protection product to help reduce the impact of staff absence.It has added a new interactive stress toolkit for line managers, called Prehab Services.The product, which has been developed with charity Rethink Mental Illness, includes:A stress management challenge, which allows line managers to ...
-
ArticleRetirement unlikely for 12% of global workers
Nearly one in eight (12%) of respondents think they will never be able to afford to retire fully, according to research by HSBC.The future of retirement report, which surveyed 16,000 people in 15 countries, found that this figure is higher in some countries.In the UK, 19% of respondents expected they ...
-
Article
12.2m facing inadequate retirement income
An estimated 12.2 million people are facing inadequate retirement incomes, according to a report by the Department for Work and Pensions (DWP).Its Framework for the analysis of future pension incomes, which was published on 11 September, found that, with government reforms, such as auto-enrolment, a new state pension and increases ...
-
Article
150,000 Royal Mail staff receive shares offer
Approximately 150,000 Royal Mail Group employees will be eligible for free shares in the organisation through a share incentive plan (Sip).Each of the organisation’s full-time eligible employees will be given the same number of shares, with part-time employees given shares on a pro-rata basis based on their paid hours in ...
-
ArticleWhich pensions employers are using to comply with auto-enrolment
The Employee Benefits/Capita Pensions research 2013, published on 29 July, found that 63% of respondents that still need to auto-enrol staff will use a group personal pension (GPP) plan as their primary scheme for auto-enrolment, while 33% of those that had auto-enrolled their workforce are using a GPP.L’Oreal, which postponed ...
-
Article
Hewlett-Packard moves MacMillan to Dubai
Hewlett-Packard has appointed Lorna MacMillan total rewards manager, Middle East, Mediterranean and Africa.From 29 August, she will be based in Dubai.MacMillan has been at Hewlett-Packard since 2004 in a range of roles, including UK and Ireland total rewards manager; Europe, Middle East and Africa (EMEA) compensation manager and EMEA benefits ...
-
Article
Shire promotes Jane Fenwick to global role
Shire Pharmaceuticals has promoted Jane Fenwick to interim head of global benefits.She previously held the role of associate director, total rewards at the pharmaceutical organisation.Before that, Fenwick’s roles included international reward manager at Marks and Spencer, reward manager for Europe, Asia and the US at Cable and Wireless, compensation consultant ...
-
ArticleEmployers focus on aligning global benefits
Distillery William Grant and Sons is in the process of aligning its payroll systems across Australia, Asia and Europe. National Grid has launched an international recognition scheme for its 15,000 UK and US employees. And HSBC will introduce a new all-employee international share scheme later this year.While some benefits lend ...
-
Article
Focus on retirement education for staff
The vast majority (91%) of respondents to the Money Advice Service’s (MAS) The financial capability of the UK report, published in August, believe it is best for individuals to start saving into a pension in their 20s. However, only 28% of respondents currently do so.Close Brothers’ inaugural Trends in wealth ...