All articles by Jennifer Paterson – Page 76
-
Article
Reading Transport switches pensions adviser
Reading Transport has switched advisers for the actuarial and administrative services of its final salary pension scheme.The £26-million scheme, which has 500 members, will now be advised by Punter Southall.Greg Chambers, finance director at Reading Transport, said: “We engaged Punter Southall to provide actuarial and administrative services for our defined ...
-
Article
Engagement biggest priority for HR
More than half (62%) of organisations surveyed say employee engagement is their top HR priotity in 2013, according to research by law firm Speechly Bircham and King’s College London.However, the State of HR survey 2013: recovery in sight?, which polled more than 300 HR professionals across 13 industry sectors, also ...
-
Article
BNY Mellon rolls out global reward portal in Belgium
EXCLUSIVE: BNY Mellon will roll out its online total reward portal to its 750 employees in Belgium in March.The portal, which has been developed with provider Xerox, is currently available to the bank’s employees in Ireland, the Netherlands, the UK and the US. It has been introduced to engage staff ...
-
Article
Auto-enrolment prompts benefits reviews
More than a third (38%) of respondents are likely to review their organisation’s benefits package at the same time as complying with auto-enrolment legislation, according to research by Aviva.Its second Working lives report, which surveyed 760 private sector employers, found that, over the next 12 months, 63% of respondents will ...
-
Article
ABI publishes code of conduct for annuities
The Association of British Insurers (ABI) will implement its code of conduct for annuities on 1 March.The ABI Code of conduct on retirement choices aims to help people who buy an annuity each year better understand their options at retirement, choose the right annuity for their circumstances and shop around ...
-
Article
Allied Milling and Baking staff take up discount scheme
Allied Milling and Baking has seen a 34% take-up of its employee discount scheme since it launched in November 2012.The food manufacturer, which is part of Associated British Goods, employs 4,600 staff across 25 sites. Staff are predominantly factory-based and do not have internet access at work.Its scheme, branded AMBISave, ...
-
Article
E.On launches eyecare platform
Utilities firm E.On has launched an eyecare scheme to simplify how its 11,500 UK employees can take up the benefit.Employees can now order eyecare vouchers directly from provider Edenred via an online portal. This replaces E.On’s previous system which required staff to reclaim relevant eyecare costs through expenses.The portal enables ...
-
Article
Randstad launches multi-employer trust
Randstad is to launch a multi-employer trust to comply with its auto-enrolment duties.The recruitment firm will reach its staging date on 1 March 2013, when its 20,000 eligible agency workers will be auto-enrolled.The scheme will be provided by Now: Pensions.Ian Naylor, legal director at Randstad, said: “Our decision to appoint ...
-
Article
Most DB pensions have long-term objectives
The majority (90%) of defined benefit (DB) pension plans now have a long-term objective, compared to 60% in 2009, according to research by Aon Hewitt.Its Global pension risk survey 2013 polled 220 UK DB plans with combined membership of more than three million people and representing around £300 billion of ...
-
Article
Employers shift compensation focus to longer-term reward
Last month, UBS became one of the latest employers to do so. The bank’s Fourth quarter 2012 report outlined measures to enable staff to bene?t from its long-term success.These include the introduction of multi-year performance conditions on equity-based deferred compensation and a reduction in the maximum amount of immediate cash ...
-
Article
Jennifer Mead joins Matchtech
She previously spent seven years as HR manager at law ?rm D Young and Co.Other past roles include HR consultant at the Australian Broadcasting Corporation, HR specialist in various roles in China, and HR specialist at Convergys.Mead is one of Employee Bene?ts’ Hot 100 bene?ts managers 2013.
-
Article
Staff changes at Sainsbury’s
Charlotte Partridge has been appointed bene?t and reward policy manager, Angie Risley (pictured) group HR director and Peter Hallard head of learning and development.Partridge’s previous roles with the supermarket chain include HR clerk, store trainer, and assistant personnel and training manager. She has been a bene?ts adviser since 2011.Risley was ...
-
Article
Whitbread adapts pension for auto-enrolment
EXCLUSIVE: Whitbread has launched a dedicated pensions website and adapted its existing trust-based defined contribution (DC) pension scheme to comply with auto-enrolment.The organisation, which owns brands such as Beefeater, Brewers Fayre, Costa Coffee and Premier Inn, reached its staging date on 1 January 2013.Its DC scheme now includes new contributions ...
-
Article
Bluefin appoints Gemma Bullivant
She has moved from Lebara Mobile, where she had been head of HR, reward and engagement since April 2010, responsible for global talent management.Other previous roles in the industry include: HR business partner at Channel 4, national HR manager at Johnson Controls, interim senior HR business partner at Carphone Warehouse ...
-
AnalysisWorkforce analysis is key to auto-enrolment
As the parent company of a range of smaller recruitment ?rms, Adecco will begin auto-enrolling staff on 1 March and will continue doing so at various stages until 2016. The organisation has 3,000 monthly-paid staff, who will all eventually be enrolled into a group personal pension (GPP) plan, while 20,000 ...
-
Article
Meet the Employee Benefits Awards judges
The annual awards ceremony will be held on Friday 7 June at the Artillery Garden at The HAC in London.The judges are:Panel chair: Debi O’Donovan, editor, Employee BenefitsPanel chair: Debbie Lovewell, deputy editor, Employee BenefitsPanel chair: Clare Bettelley, associate editor, Employee BenefitsNeal Blackshire, benefits and compensation manager, McDonald’s RestaurantsMasha Boldyreva, ...
-
Case StudiesMarks and Spencer educates staff on savvy saving
The demise of Christmas savings club Farepak was a catalyst for Marks and Spencer (M&S) to launch its financial education programme in 2007.Farepak ceased trading in October 2006, leaving tens of thousands of savers out of pocket. Its parent company, EHR, went into administration the same day, and both businesses ...
-
Article
Call for move to collective DC pensions
Collective pension plans in the UK are de?ned bene?t (DB) schemes. Collective DC plans enable staff at different employers to pool savings into one pot, from which the pension is paid. This is commonly used in the Netherlands.“Collective pensions give better, higher pensions for the same cost,” said Pitt-Watson. “They ...
-
Article
Co-op Bank finalises new staff bonus scheme
The Co-operative Bank has completed the roll out of a new employee bonus scheme, which focuses on customer service rather than sales targets.The Customer Service Bonus scheme gives staff the opportunity to be awarded a quarterly bonus based on their customer service delivery. The sales-incentive targets have been completely removed.The ...
-
Article
Consultations launched on pension disclosure rules
The Department for Work and Pensions has launched a consultation, which proposes to harmonise, simplify and consolidate the regulations surrounding the disclosure of pension scheme information.The consultation, The occupational and personal pension schemes (disclosure of information) regulations 2013, outlines draft regulations and will be open until 14 April 2013.It is ...