News – Page 67

  • Money
    Article

    94% believe employers should set aside a budget for financial education

    2016-12-14T09:54:56Z

    More than nine in 10 (94%) respondents think their employer should set aside a budget to provide financial education for staff, according to research by Lemonade Reward.Its survey of 83 HR and reward employees also found that almost two-thirds (61%) of respondents cite not having enough money to live on ...

  • Pension
    Article

    EXCLUSIVE: 68% offer at-retirement support to help staff make informed decisions

    2016-12-13T09:37:56Z

    EXCLUSIVE: More than two-thirds (68%) of employer respondents that offer at-retirement support to staff do so because they want to support staff in making informed decisions, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, also found that a ...

  • senior woman hand putting money to piggy bank
    Article

    EXCLUSIVE: 28% provide financial education for all staff

    2016-12-02T10:57:40Z

    EXCLUSIVE: More than a quarter (28%) of employer respondents provide financial education for all staff, compared to 32% in 2015, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, found that a further 31% of respondents are considering introducing ...

  • sean-mcsweeney
    Article

    EXCLUSIVE: 26% believe employers should meet retirement costs as life expectancies rise

    2016-12-01T12:11:42Z

    EXCLUSIVE: More than a quarter (26%) of respondents believe that employers should provide for the cost of retirement in societies where life expectancies are increasing, according to research by Chase De Vere.Its survey of 500 UK residents aged between 35 and 64 also found that 30% of respondents think that ...

  • Pension piggies
    Article

    EXCLUSIVE: 46% offer at-retirement support to staff

    2016-11-28T12:12:37Z

    EXCLUSIVE: Less than half (46%) of employer respondents offer at-retirement support to employees, compared to 45% in 2014, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, also found that 49% of respondents run retirement seminars for staff in ...

  • EB-WIRED-LOGO-RGB
    Article

    Do not miss Employee Benefits Wired: maximising pensions potential

    2016-11-25T11:37:26Z

    Employee Benefits Wired: maximising pensions potential, presented in association with Close Brothers Asset Management, will be broadcast live at 11am on Tuesday 29 November 2016. The debate can be viewed for free on EB TV.The online panel discussion will provide insight on the key factors impacting pensions. This will include ...

  • david-dodds
    Article

    65% of employees view financial wellness in the workplace as important

    2016-11-17T09:21:45Z

    Almost two thirds (65%) of employee respondents cite financial wellness in the workplace as important to them, according to research by Thomsons Online Benefits.Its Future of financial wellness report, which surveyed 200 HR and reward professionals and 500 employees in the UK, also found that less than one in 10 ...

  • Article

    P9: Close Brothers Industry Insight: Five ways to navigate financial education and financial wellbeing

    2016-11-15T15:52:00Z

    With a growing interest in financial wellbeing and financial education, more providers are entering this market and others are now using it as a wraparound descriptor for their services. But with increased choice there can be confusion, so here are five ways to navigate the market noise.Address the biggest risk ...

  • Article

    2: Sponsor's Comment: A simple measure of the value of financial education

    2016-11-15T15:52:00Z

    I’m often asked two questions when discussing the need for a financial education programme: ‘We already have a lot of information on our website and in our pension communications, why isn’t that enough?’ and ‘What kind of value will you add for employees and employers if you deliver financial education?’These ...

  • Money
    Article

    EXCLUSIVE: 33% do not plan to offer a workplace lifetime Isa

    2016-11-14T09:30:34Z

    EXCLUSIVE: A third (33%) of employer respondents do not plan to introduce the lifetime individual savings account (Lisa) as a workplace savings tool, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, found that just 7% plan to offer ...

  • Debbie Lovewell-Tuck
    Article

    Offering pensions education and guidance provides benefits for employers and staff

    2016-11-11T10:43:38Z

    Investing in pensions education and guidance provides benefits for employers and employeesOver the past few years, the pace of change in the pensions industry has posed a number of challenges for employers. Not only has it required organisations to review and adapt their pensions provision, they have often had to ...

  • Pension pot
    Article

    EXCLUSIVE: 36% are using auto-re-enrolment to introduce wider pensions communications

    2016-11-09T11:03:30Z

    EXCLUSIVE: More than a third (36%) of employer respondents are using pensions auto-re-enrolment as an opportunity to introduce wider communications around pensions and pension savings, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, also found that a fifth ...

  • katie-vye
    Article

    EXCLUSIVE: Jelf Employee Benefits sees 14% of staff take up Christmas savings scheme

    2016-11-08T12:02:19Z

    EXCLUSIVE: Jelf Employee Benefits has achieved a 14% take-up rate for its Christmas savings club, with 168 employees saving through the scheme over the last 12 months.The Christmas savings club aims to help the organisation's employees to save and take control of their finances, while reducing financial stress around the ...

  • john-gentry
    Article

    74% view wellbeing programmes as a key part of their employee value proposition

    2016-11-04T12:02:50Z

    Almost three quarters (74%) of employer respondents believe their wellbeing programme is an important element of their employee value proposition, according to research by Xerox HR Services.Its Working well: a global survey of workforce wellbeing strategies report, which surveyed 428 organisations across 33 countries, also found that 52% of respondents ...

  • phil-ainsley
    Article

    46% would like their employer to provide financial education

    2016-10-25T09:26:10Z

    Just under half (46%) of respondents would like their employer to offer financial education support, according to research by Equiniti.Its survey of 6,700 savers and investors from Equiniti’s client base, also found that 49% of respondents feel that their employer does not do enough to support informed financial decisions on ...

  • Folders with the label Retirement Plan and Pension
    Article

    49% find pensions terminology too confusing

    2016-10-24T15:46:58Z

    Just under half (49%) of respondents find pensions terminology to be complicated and confusing, acting as a barrier to effective retirement planning, according to research by Capita Employee Benefits.Its Employee insight report 2016/17, which surveyed 3,006 UK employees, also found that 51% of respondents do not know how much they ...

  • Nationwide
    Article

    Nationwide Building Society introduces retirement planning tool for staff

    2016-10-20T10:54:48Z

    Nationwide Building Society has launched an online retirement planning tool for the 12,000 employees in its defined contribution (DC) pension scheme.The organisation has introduced the Guided Outcomes tool, provided by Hymans Robertson, to help educate DC pension scheme members about how much money they might need in retirement and what ...

  • richard-thorne
    Article

    Admiral introduces home-moving salary advance to support financial wellbeing

    2016-10-14T11:05:01Z

    Employee Benefits Live 2016: Admiral has introduced a home-moving salary advance scheme for employees.The scheme, which has been running for six weeks, enables staff to borrow a set amount of money and repay it over an 18-24 month period. It is designed to help employees with moving costs, and steer ...

  • Money
    Article

    Government to develop single body for pensions and debt guidance

    2016-10-10T12:30:52Z

    The government is to develop a single, public financial guidance body to provide individuals with easy access to pensions and money guidance, and debt advice.The new body will replace Pension Wise, The Pensions Advisory Service (TPAS), and the Money Advice Service.Plans laid out in the March 2016 Budget originally set ...

  • andy-dodman-sheffield
    Article

    EXCLUSIVE: University of Sheffield to discuss financial wellbeing at Employee Benefits Live

    2016-10-10T10:10:08Z

    The University of Sheffield will discuss financial wellbeing in the workplace at Employee Benefits Live 2016.Andrew Dodman (pictured), chief HR and corporate officer at the University of Sheffield, will present the session titled Understanding the DNA of financial wellbeing and its impact on the UK workforce, alongside Heidi Allan, head ...