Padraig Floyd
Case StudiesHow Suez Recycling and Recovery UK measures the value of its pension scheme
Suez Recycling and Recovery UK has a diverse membership, with a mixture of office-based and manual employees. Many of the organisation's employees are in final salary and local government schemes, but the majority, about 4,000, or 40% of the workforce, are in the organisation's defined contribution (DC) scheme.
- Opinion
Pádraig Floyd: The impact of financial education
After all, most people are interested in money. We all need it to survive, we like a little extra for creature comforts, and some of us are positively motivated by it. Yet no one teaches us how to go about acquiring it, and especially holding on to it.
- Opinion
Pádraig Floyd: A pension warning for employers on 'pot follows member'
The Department for Work and Pensions (DWP) has now published details of rules to govern what must happen to an employee’s pension when they leave an employer. This regulation, generally referred to as ‘pot follows member’, makes provision for any pension pots of less than £10,000 to transfer with the ...
- Article
Padraig Floyd: Financial knowledge is power
Discussing finances with employees is often deemed a futile exercise because half the population does not understand what 50% is.Harsh, maybe, but unfortunately true.
- Article
Padraig Floyd: Ignore Clegg’s pension stunt
Now that auto-enrolment has finally begun and pensions have become flavour of the month, everyone wants to get a piece of the action. Not content with forcing up to 12 million people into a structure that enables them to save for their retirement, the government is now trying to tell ...
- Article
Small firms unprepared for auto-enrolment
Only 28% of smaller firms have budgeted for the cost of auto-enrolment, according to new research from the Association of Consulting Actuaries (ACA).
- Article
Padraig Floyd: Get back to basics on savings
There is a storm raging around charges associated with pensions saving. Now, I’m all for punters getting value for money, but that is a long way from claiming all pensions are a ‘rip-off’.
- Article
Savings will be in spotlight at Employee Benefits Live
The subject of workplace savings will be at the heart of debate at Employee Benefits Live, which takes place on 25-26 September at its new home, London’s Olympia.
- Article
Staff more active in Isas
Employees with corporate individual savings accounts (Isas) are increasingly proactive in their schemes and are managing their investments more regularly, according to research from Equiniti.
- Article
Adoption of corporate platforms still very low
Corporate platforms are something of a cause celebre in the world of workplace savings, but their penetration remains very low, according to research from Employee Benefits magazine.
- Article
Corporate platform guide to be launched
Employers who are trying to get to grips with the ever-changing corporate platform market may be relieved to learn The Platforum is to launch a Corporate platform guide later this month.
- Article
Employees want to feel appreciated
Employers spend vast sums on workplace savings and employee benefits, but new evidence suggests reward is not all about monetary value.
- Analysis
What level of investment risk should employers and employees take?
If you read nothing else, read this…
- Analysis
Auto-enrolment and the future of workplace savings
Employee Benefits assembled a panel of industry commentators to discuss recent developments in workplace savings and the impact of pensions auto-enrolment. Padraig Floyd reports
- Article
Retirement bridge helps to solve annuity dilemma
A new approach to retirement income could boost an employee’s annual income by up to a quarter, according to research from fund manager AllianceBernstein.