News – Page 49
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ArticleConfessions of a benefits manager: Candid grapples with a potential acquisition
We’re buying a company. I can’t imagine why; it is not even in the same industry group and we couldn’t share any clients, so what is the sense in that? The Higher Beings move in mysterious ways sometimes. I bet I’ll be working on providing data for selling it again ...
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ArticleLaw firm BLM to introduce online retirement planning tool for staff
Law firm BLM is to introduce an online retirement planning tool for its 1,700 employees.The tool, provided by Portus, enables staff to calculate their retirement income and see how this could change in different scenarios, helping employees to plan for their retirement.The launch follows a review of BLM’s benefits package ...
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ArticleEXCLUSIVE: Easyjet to discuss communications for a mobile workforce at Employee Benefits Live
EXCLUSIVE: Easyjet will discuss communication strategies for organisations with a mobile or dispersed employee base at Employee Benefits Live 2016.Ken Lawrie (pictured), head of reward at Easyjet, will present the session entitled ‘Communication strategies for a mobile/dispersed workforce’, which will open the communications conference stream on Tuesday 11 October.Lawrie will ...
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ArticleBMW consults on closure of final salary pension schemes to future accrual
Car manufacturer BMW is to consult on the closure of its two final salary pension schemes to future accrual.BMW is looking to make the changes to the defined benefit (DB) schemes, which have around 5,000 active members, from 1 June 2017. The organisation will encourage staff to join its defined ...
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ArticleEXCLUSIVE: Ben Group launches pensions engagement platform for staff
EXCLUSIVE: TV and film advertising organisation Brand of Entertainment Network Group (Ben Group) has launched a new pensions engagement platform for staff.The online investment strategy platform, provided by Wealth Wizards and launched in September 2016, gives Ben Group's 32 employees access to online tools to enable them to better plan ...
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ArticleBenchmark your organisation's pensions strategy
How is your organisation engaging employees with pension saving? What impact have legislative changes had on your organisation's pensions strategy?This week is your final chance to take part in the exclusive Employee Benefits/Close Brothers Pensions research 2016, which is designed to help you benchmark your organisation’s pensions strategy.This is your ...
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ArticleEXCLUSIVE: Capital One to discuss pensions communications at Employee Benefits Live
Capital One will share a case study on the creation of an engaging pensions communication strategy at Employee Benefits Live 2016.Elaine Makin, HR benefits advisor at Capital One, will speak alongside Graeme Wyllie, head of pensions, UK and Ireland at Royal Bank of Scotland, in a session entitled 'How to ...
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Article22% are satisfied with their ability to measure the impact of employee benefits
Less than a quarter (22%) of employer respondents are satisfied with their ability to measure the contribution employee benefits make to the business, according to research by Lane Clark and Peacock (LCP).Its survey of 100 senior HR decision makers also found that 90% of respondents believe it is important for ...
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ArticleShared parental leave and gender pay are on the agenda at Employee Benefits Live
Shared parental leave, the gender pay gap, pensions communication and healthcare strategies are just a few of the key issues that will be discussed during the conference streams at Employee Benefits Live 2016.The two-day event, running between Tuesday 11 October and Wednesday 12 October 2016 at Olympia National, will highlight ...
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ArticleHave your say in exclusive pensions research
Will the Lifetime individual savings account (Lisa) impact workplace pensions? How have the pension flexibilities influenced your pensions strategy? How is your organisation approaching auto-re-enrolment?Take part in the exclusive Employee Benefits/Close Brothers Pensions research 2016, which aims to help you benchmark your organisation’s pensions strategy.This is your chance to share ...
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ArticlePost Office staff strike over pensions and job cuts
Post Office employees who are part of the Communication Workers Union (CWU) and managers who are members of trade union Unite are taking part in strike action today (Thursday 15 September 2016) in a dispute over pensions and job cuts.The 24-hour strike centres around job losses, branch closures, and the ...
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ArticlePensions industry to build pensions dashboard prototype
The pensions industry, with the support of the Treasury, is to build a pensions dashboard prototype by March 2017.The pensions dashboard is a platform that will allow savers to view all of their pension pots in one place, so that they can more effectively manage their retirement income.The pensions dashboard ...
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ArticleGovernment extends pensions VAT deadline
HM Revenue and Customs (HMRC) has extended the deadline to implement revised methods for the deduction of VAT on pension costs.The transition period has been extended by a further 12 months, meaning that organisations and trustees now have until 31 December 2017 to amend arrangements whereby employers can recover VAT ...
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Article34% feel there is too much choice when saving for retirement
Just over two thirds (34%) of respondents believe there is too much choice when it comes to saving for retirement, according to research by Willis Towers Watson and Nottingham University Business School.The study, which surveyed 2,000 UK employees, also found that 35% of respondents feel that a lack of knowledge ...
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ArticleEXCLUSIVE: Allen and Overy to discuss auto-re-enrolment at Employee Benefits Live
EXCLUSIVE: Law firm Allen and Overy will share case studies and practical information about pensions auto-re-enrolment at Employee Benefits Live 2016.Jane Higgins (pictured), partner at Allen and Overy, will deliver a session entitled 'Auto-re-enrolment: are you ready?' on Tuesday 11 October as part of the two-day event's workplace pensions conference ...
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6: small tax and leg: Government consultation round-up
Gender pay gap reporting for the public sectorGender pay gap reporting guidelines are already in place for private and voluntary organisations employing more than 250 staff, with initial data due to be captured in 2017. In alignment with these measures, the government has recently concluded consulting on how to implement ...
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Article75% are not encouraged to check their pension at work
Three quarters (75%) of respondents are not actively encouraged by their employer to check their workplace pension during working hours, according to research by Aegon.Its survey of 386 consumer and customer panel members also found that 86% of respondents would check their workplace pension during working hours if encouraged by ...
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Article56% are saving adequately for retirement
Just over half (56%) of respondents are saving enough money for their retirement, according to research by Scottish Widows.The annual Scottish Widows retirement report, which surveyed 5,151 UK adults, also found that 18% of respondents are not saving for retirement at all.The mean age at which respondents feel they could ...
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ArticleTake part in exclusive pensions research
How are you supporting staff planning for their retirement? How do you feel Brexit will impact pensions?Have your say in the exclusive Employee Benefits/Close Brothers Pensions research 2016, which aims to help you benchmark your organisation’s pensions strategy.We are particularly interested in hearing about your approach to pensions communication, changes ...
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ArticleGovernment presses ahead with Lifetime Isa
The Savings (Government Contributions) Bill 2016-2017, which will legislate for the Lifetime individual savings account (Lisa), has been introduced to the House of Commons.The Lisa was unveiled by former Chancellor George Osborne in the March 2016 Budget. The savings vehicle aims to help young people save for their first home ...