All Pensions articles – Page 80
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ArticleRos Altmann leaves pensions minister post
Baroness Ros Altmann (pictured) has left her post as minister of state for pensions.The change forms part of a cabinet reshuffle following the resignation of David Cameron and the appointment of Theresa May as Prime Minister and leader of the Conservative Party.Other changes at the Department for Work and Pensions ...
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Supplier article
Artemis Global Select: opportunities in reliable growth stocks ...
Good and growing companies are still to be found, Simon Edelsten, manager of the Artemis Global Select Fund, tells Ross Leckie – even in a world marked by low(er) growth and political uncertainty.
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Supplier article
Avoid losing your pension to scams and fraudsters
WEALTH at work shares some top tips on how to avoid losing your pension to scams and fraudsters. Scams don’t look like scams: Scams look and sound legitimate, which is why people are hoodwinked. They often have very professional looking websites and literature. Whatever you are planning to do with ...
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Supplier article
Artemis European Opportunities: political uncertainty is not deterring us ...
The political uncertainty in Europe is not deterring the Artemis European Opportunities Fund, says manager Laurent Millet. There are still stocks, he tells Artemis’ Ross Leckie, which should thrive.
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ArticleWatch Employee Benefits Wired: the changing shape of the employee benefits market on demand
Employee Benefits Wired: the changing shape of the employee benefits market, is now available to watch on demand. The 30-minute panel discussion can be viewed online at any time. The webinar took place on 7 July 2016 in association with Xerox HR Services. The panel included Debbie ...
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ArticleEmployee Benefits named Pensions/Benefits Publication of the Year
Employee Benefits has been named Pensions/Benefits Publication of the Year at the 2016 Willis Towers Watson Media Awards, winning the accolade for the second year in a row.The annual industry media awards, now in its eleventh year, recognises excellence in business journalism, focusing on the areas of HR, pensions, benefits ...
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ArticlePension deficit for defined benefit schemes increases by £89bn
The aggregate deficit of defined benefit pension schemes in the Pension Protection Fund (PPF) 7800 Index reached £383.6 billion at the end of June 2016, an £89 billion increase from the £294.6 billion recorded at the end of May 2016, according to data from the PPF.The latest PPF 7800 Index ...
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ArticleEmployee Benefits Live conference streams to address key industry challenges
Workplace equality and diversity, benefits technology, pensions, and health and wellbeing are just some of the dedicated conference streams that will feature at Employee Benefits Live 2016.On day one of the event, on Tuesday 11 October, conference streams include workplace pensions, which will highlight issues such as auto-re-enrolment, and the ...
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ArticleWhat should employers watch for after the EU leave vote?
On 23 June, the UK electorate voted to leave the European Union (EU).Since the result of the referendum was announced, there has been much uncertainty and speculation about the impact of the Leave decision on employment legislation and rights, workplace pensions and other employee benefits.With a minimum two-year wait on ...
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ArticleDWP consults on future of Nest
The Department for Work and Pensions (DWP) has launched a consultation on the future of the National Employment Savings Trust (Nest) to investigate whether the service needs to better reflect the current pensions market.The consultation will consider the role and breadth of Nest in relation to pension reforms, such as ...
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Article7% would opt out of workplace pension in favour of Lifetime Isa
Just 7% of respondents would stop saving into a workplace pension upon the introduction of the Lifetime individual savings account (Lisa), according to research by Fidelity International.Its survey of 2,000 UK adults aged between 18 and 40, also found that 37% of respondents would be interested in saving into both ...
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Supplier article
The basics of workplace pensions (part 3): pension contributions
This is the third step in our five-step guide to auto-enrolment, detailing what you need to do as an employer. By your staging date, you will have to put your qualifying employees into the qualifying pension scheme. From this date, you’ll need to pay money into the pension scheme, which ...
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Supplier article
The basics of workplace pensions (part 2): a ‘qualifying pension scheme’
This article is the second step in our 5 step guide to auto-enrolment outlining what you need to do as an employer.A qualifying scheme is a pension which meets both the qualifying criteria and minimum requirements set out by The Pensions Regulator.Qualifying schemes may either be defined benefit or defined ...
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ArticleFTSE 350 pension deficit hits £119bn after Brexit vote
The accounting deficit for defined benefit (DB) pension schemes for the UK’s 350 largest listed organisations rose to £119 billion at the end of June 2016, according to research by Mercer.Its Pensions risk survey found that the accounting deficit for DB pension schemes increased by £21 billion from £98 billion ...
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ArticleConfessions of a benefits manager: Candid is swamped with conference calls
Today didn’t begin well. For a start, I had to get out of a nice comfortable bed and go to work. Now I am here, I wonder if I have mistakenly come in on a bank holiday. The office is empty and eerily quiet. My colleague, Lazy Susan, is at ...
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Case StudiesReed Smith boosts engagement with workplace Isa
International law firm Reed Smith introduced a workplace individual savings account (Isa) in 2012, launching the scheme alongside its auto-enrolment roll-out as a way of boosting staff engagement with the new pension scheme.Claire Gibbens, HR manager, says: “We had just signed up with a new provider, Hargreaves Lansdown, and [it] ...
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AnalysisInfographic: Should Lisas form part of employees' remuneration package in the future?
An infographic looking at whether Lisas should form part of an organisation's employee remuneration package in the future (Source: Sackers, published in May 2016).Read more in What role do individual savings accounts play in a workplace savings strategy?
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AnalysisWhat role do individual savings accounts play in a workplace savings strategy?
Need to knowReductions in pensions savings limits could make workplace individual savings accounts (Isas) an attractive savings vehicle for those contributions previously made to a workplace pension.Targeted at younger members of the workforce, the launch of the lifetime Isa (Lisa) next April could prove to be a catalyst for engaging ...
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ArticlePensions Ombudsman supports Signet Group in ruling on spouse’s pension
The Pensions Ombudsman has ruled that the widow of a deceased member of the Signet Group Pension Scheme was not entitled to receive a spouse's pension because the couple were not married at the point the scheme rules required in order to qualify for the benefit.Mrs R filed a complaint ...
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Supplier article
Small firms risk non-compliance penalties of up to £500 per day
A recent survey by NOW:Pensions reveals that only 3% of SMEs with less than 50 employees place auto-enrolment among their biggest concerns. The survey asked 350 businesses and placed auto-enrolment in seventh place on the list of concerns, behind sales, access to capital, the EU Referendum, government spending cuts, technology ...