All Pensions articles – Page 90
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Analysis
8-11: Benefits on offer
Salary sacrifice arrangementsMore than three-quarters (78%) of respondents offer benefits to all staff via a salary sacrifice arrangement, according to the Employee Benefits/Xerox HR Services Benefits research 2016, which surveyed a total of 338 respondents in May 2016. This is six percentage points lower than the 84% of respondents that ...
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Supplier article
Things employees shouldn’t do with their pension
The pension changes have created a new era of freedom and choice for defined contribution (DC) pension savers. However with choice comes responsibility, and the real possibility of employees making some huge mistakes. WEALTH at work, a leading provider of financial education in the workplace, supported by guidance and advice, ...
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ArticleGovernment launches online pensions tracing service
The Department for Work and Pensions (DWP) has launched a new website to help people locate their pension savings.The new website from the Pension Tracing Service allows users to find information about workplace pension schemes they may have contributed to by entering former employers' details into an online database.The database ...
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ArticleCapital One and Easyjet shortlisted for best pensions communications
Capital One, Easyjet and Nationwide Building Society are among those shortlisted for the Best pensions communications award at the Employee Benefits Awards 2016.This award, sponsored by Aviva and Friends Life, recognises an organisation that has implemented a successful communication strategy that increases employees’ understanding of pensions and reinforces the need ...
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AnalysisEducating employees about potential pension scams
Need to know:A February 2016 High Court ruling has raised concerns around savers’ susceptibility to pension scams.Employers can play a role in educating staff about scams to help them avoid this risk.Signs to look out for include cold calls and pressure to make a transfer, among others.Employers shoulder a great ...
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Article38% likely to consider including lifetime Isa in remuneration package
More than a third (38%) of respondents are likely to consider introducing the new lifetime individual savings account (Isa) into their employee remuneration scheme in the future, according to research by law firm Sackers.The survey of 78 employers, trustees and advisors also found that 84% of respondents want to offer ...
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ArticleFTSE350 defined benefit pension deficit hits £92bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed organisations reached £92 billion at the end of April 2016, according to research by Mercer.Its Pensions risk survey, which is based on analysis of pension deficits using data from reported financial statements and year end ...
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Supplier article
Lifetime Isa - how it works
According to George Osborne "people like Isas – because they’re simple". Fiona Tait is not convinced… Contributions & bonusesWhat he said: "From April 2017, anyone under the age of 40 will be able to open a Lifetime Isa and save up to £4,000 each year. And for every £4 you ...
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Supplier article
Security selection for unpredictable markets
Despite the surprises the market always springs on investors, for the Loomis Sayles US Equity Leaders Fund, macro events are not a factor in its own decision making.
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Supplier article
Need real insight & risk perspectives on model portfolios?
Head of the Portfolio Research and Consulting Group, James Beaumont says his group is dedicated to providing a bespoke service and an analytical review of model portfolios.
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Case StudiesTravis Perkins unifies its benefits offering
Travis Perkins, which employs approximately 30,000 people across the UK, operates according to its five core values, known as cornerstones: upholding family values, keeping people safe, working for its customers, being the best, and making decent returns. The latter does not merely refer to financial returns, but also to the ...
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Supplier article
Auto-enrolment: Going up…
According to The Pensions Regulator’s (TPR) announcement yesterday, over 100,000 employers have now enrolled more than 6 million workers in UK pension schemes under auto-enrolment legislative requirements.These are indeed impressive statistics, yet it would be a mistake to assume that all employers are complying at the first time of asking, ...
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Supplier article
WEALTH at work poll reveals lack of employee understanding around retirement income needs
According to a recent poll* by WEALTH at work, only 18 per cent of respondents believe their employees know how much they should be saving into their pension to get a good retirement income.Jonathan Watts-Lay, director, WEALTH at work, a leading provider of financial education in the workplace, comments: “It ...
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Supplier article
Auto-enrolment: escalating penalty notices quadruple
The number of escalating penalty notices issued by The Pensions Regulator (TPR) quadrupled in the first quarter of 2016, with fines ranging from £50 to £500 a day.Employers who fail to heed 28-day warning notices risk a fine that increases each day. TPR says more than 95 per cent of ...
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ArticleAegon to acquire BlackRock’s defined contribution platform
Retirement and workplace savings organisation Aegon has entered into an agreement to acquire BlackRock’s UK defined contribution (DC) platform and administration business.The transaction will see Aegon acquire around 350,000 customers and £12bn of assets, bringing its workplace savings business to approximately £30bn worth of assets under management.Paul Bucksey, head of ...
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Supplier article
China: growth defence or another debt-fuelled boom?
By Douglas Turnbull, Head of Chinese Equities at NeptuneFollowing recent stimulus efforts from Beijing, Neptune’s Douglas Turnbull examines how the government’s long-term reform agenda can be balanced with supporting growth and addressing structural challenges, and the investment opportunities arising from this.Click here to read moreImportant information: Investment RisksNeptune funds may ...
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AnalysisBack to basics on pensions auto-escalation
Need to knowAuto-escalation is a design built into a pension scheme that automatically increases contributions on a set date at regular intervals, for example, April each year.While it is similar to the Save More Tomorrow concept in the US, auto-escalation has not yet taken off to any great extent in ...
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AnalysisBuyer’s guide to contract-based defined contribution pension schemes
What are contract-based defined contribution (DC) pension schemes?Defined contribution (DC) schemes are pensions that build a monetary pot for the employee. They are referred to as contract-based because the employee has a contractual agreement with the pension provider.What are the origins of contract-based DC pension schemes?DC schemes were introduced in ...
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Supplier article
Rousseff impeachment: what would it mean for Latin America?
Thomas Smith, manager of the Neptune Latin America FundLatin American equities have performed strongly so far in 2016, returning 27 per cent in sterling terms. Much of this move has been driven by newsflow from Brazil, with markets reacting positively to the government voting to impeach President Dilma Rousseff and ...
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Supplier article
Time for a new approach to asset allocation
Trevor Greetham, RLAM’s head of multi asset, introduces the recentlylaunched RL GMAPs.Asset allocation has become an increasingly difficult challenge for investors and advisers in the years since the financial crisis. Sometimes violent price swings in stock and commodity markets coupled with the collapse in the rate of interest on bonds ...