News – Page 48
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Fujitsu to implement pension scheme accounting software
Fujitsu and DHL have implemented new pension scheme accounting software.The software, Aviary, is supplied by Profund Solutions, part of JLT’s UK employee benefits business.Katherine Terry, head of pension operations at Fujitsu UK and Ireland, said: “Our incumbent system was not specific to pension fund accounting and we felt there was ...
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RSPB to enhance payroll system to improve reward
The Royal Society for the Protection of Birds (RSPB) is to enhance its payroll system to improve the way it rewards its employees.The Falcon system, provided by MSM Software, will give employees access to a detailed breakdown of how their basic pay and commission is calculated.The system, which will go ...
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Willis launches auto-enrolment product
Willis Employee Benefits has introduced a product to provide employers with tools to manage the auto-enrolment requirement of the 2012 pension reforms.†The product includes a consultancy service to enable employers to understand how the requirements relate to their circumstances and what the impact will be on their business.It also offers:Advice ...
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Helm Godfrey launches auto-enrolment app
Corporate adviser Helm Godfrey has added an auto-enrolment application to its iChoose platform. The service, which is available online, will help employers comply with the 2012 pension reforms, auto-enrol staff into a qualifying pension scheme and help employees to make informed pension choices. Ed Smithson, deputy head of Helm Godfrey’s ...
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Aegon launches mobile app for 2012 pension reforms
Aegon has launched a mobile application to support employers through the 2012 pension reforms.The Pensions Reform Planner app can be downloaded for free from the Apple store, by scanning a quick response (QR) code, or through the Aegon pension reforms website.The calendar-based app highlights key dates for the pension reforms. ...
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Squire Sanders Hammonds launches employment law application
The application also allows users to access the law firm’s own employment law updates and HR-focused workshops, as well as to an iPhone version of the firm’s HR legal facts booklet.Charles Frost, labour and employment partner at Squire Sanders Hammonds, and designer of the application, said: “We have endeavoured to ...
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Punter Southall launches pensions auto-enrolment product
Punter Southall has rolled out an interactive auto-enrolment product to help employers understand the cost implications of the 2012 pension reforms.The tool, PS Prepare, offers projections which show total costs, but can also be broken down by grade or segmentation categories (age and income group, for example), enabling employers to ...
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Advanced Business Solutions research: Employers divided as to where payroll function should sit
Organisations are divided as to where the payroll function sits within the business, according to research by management and information systems provider Advanced Business Solutions.The research, conducted among HR and payroll professionals in the UK and USA, found that 36% believe the payroll function should sit between the HR and ...
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Virgin Media streamlines benefits and payroll administration
Virgin Media has launched a platform called Employee Services to effectively communicate with all its employees.RightNow centralises the organisation’s various HR departments – the people team, employee benefits and payroll – into a single resource for staff. Its aim is to expedite employee access to benefits and payroll information.The platform ...
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Logica partners SuperChoice to launch auto-enrolment product
Business and technology firm Logica has partnered with Australian superannuation exchange SuperChoice to launch an auto-enrolment product to help employers meet the legislative requirements of the 2012 pension reforms.The product is based on the SuperChoice technology platform, which provides online contribution processing systems to around 40% of Australia’s largest pension ...
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Vodafone to launch global compensation software programme
Vodafone Group is launching a software programme to manage its fixed and variable compensation for 85,000 employees across 20 countries.The Compensation Cockpit from Excentive International will enable the organisation to manage bonus calculations, long-term incentives, salary reviews and allowances.Bernd Flossbach, head of group reward operations and policies at Vodafone Group, ...
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Alexander Forbes forms partnership with Staffcare
Alexander Forbes has teamed up with Staffcare to use its benefits communication and administration software, as part of a new strategic partnership.The benefits administration software will be used as part of Alexander Forbes’ new benefits offering which is set to be launched over the coming weeks.It will offer a suite ...
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The Isle of Man government appoints Xafinity Claybrook for pension administration
The Isle of Man government has appointed Xafinity Claybrook to administer a variety of public sector pension schemes using its Compendia software.The software will be installed to support 15,500 employees in a number of schemes covering public sector workers in the civil service, health service, teachers and police.Ian Murray, pensions ...
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Personal Group re-brands as product range expands
Employee benefits and financial services provider Personal Group has unveiled a new brand image, with a new logo aimed at combining traditional values with modern developments.The new look is launched at a time when Personal Group is expanding its products, including developing a new customer portal due to be launched ...
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Equiniti launches online employee share portal
The Equiniti Group has launched a new platform to enable employees to access and manage their share plans online.The ESP portal, which can be employer branded, allows employees to view their holdings, access their plan information and transact and sell shares.Employees can log on to the portal through a link ...
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Fair Care launches pensions auto-enrolment product
Fair Care is to launch a product in August to help employers and staff manage the auto-enrolment and compliance issues associated with the 2012 pension reforms.Smart Pensions, designed for use with plans that operate salary sacrifice arrangements, can be added to the provider’s flexible benefits product. It will help with ...
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Creative Benefits launches auto-enrolment services
Creative Benefits has introduced services designed to assist employers with the auto-enrolment of staff into occupational pension schemes from 2012.The firm, formerly known as Creative Benefits Solutions, coincided the launch of five services with its rebrand and name change in May.Issues covered by its auto-enrolment services are: strategy and budget, ...
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Buyer's guide to payroll software
Payroll software can be customised to meet employers' specific needs, but organisations must decide whether to operate it in-house, or partially or fully outsourced, says Nick MartindalePayroll software lies at the heart of any employer's administration and record-keeping system, recording and processing all pay information and the figures needed for ...
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Hay Group launches human resource management service
Hay Group has launched a new human resource management product.Hay Group Spectrum is an evolution of the consultancy’s job evaluation service which is used by employers to analyse, understand and measure the work that occurs in their business.It helps employers to optimise how they reward employees, how they design jobs, ...
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Standard Chartered considers adding sharesave plan to corporate wrap platform
?Standard Chartered is considering adding a sharesave plan and a range of investment funds for higher-rate taxpayers to its corporate wrap platform.The bank wants to provide more options for staff affected by tax changes, including the cut in the annual tax-free pension contribution allowance from £255,000 to £50,000.David Curtis, group ...