All articles by Robert Crawford – Page 36
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ArticleMaster trust assurance framework published
The Pensions Regulator (TPR) and the Institute of Chartered Accountants in England and Wales (ICAEW) have published a voluntary assurance framework for master trusts.The framework, which was developed following a consultation in 2013, aims to demonstrate to employers that their pension schemes are managed to high standards.ICAEW has also published ...
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Article53% say government's pension reforms are 'spot on'
More than half (53%) of respondents said the pension reforms introduced in the Budget 2014 are ‘spot on’ and ’a great shake up of our current provision’, according to research by Standard Life.Its research, which surveyed 50 of Britain’s largest employers, found that more than a third (35%) thought the ...
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Article47% know a colleague who has quit work due to stress
Nearly half (47%) of respondents know a colleague who has quit work due to stress, according to research by Capita Employee Benefits.Its second Annual employee insight report, which interviewed more than 3,000 UK employees, found that 79% of respondents have been stressed at work in the past year.The research also ...
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Article35% near retirement not aware of Budget changes
More than a third (35%) of respondents approaching retirement are either unaware or unsure about the pension reforms announced in the 2014 Budget, according to research by MetLife UK.Its research, which surveyed 568 adults aged 55 and above with defined contribution pension savings, found that 27% of respondents had not ...
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Article28% more likely to save following Budget pension reforms
More than a quarter (28%) of UK workers said they are more likely to start saving or save more into a pension scheme following the reforms announced in the Budget 2014, according to research by the National Association of Pension Funds (NAPF).Its Spring workplace pensions survey 2014, which questioned 1,009 ...
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ArticleTop 10 most read stories this week 22-29 May
The top 10 most read articles on employeebenefits.co.uk from 22-29 May:1. John Lewis and Harrods top employers for pay and benefits2. Court rules holiday pay should include commission3. The problems payroll is causing for pensions auto-enrolment4. Allianz wellbeing programme reduces absence levels5. Tesco and Whitbread shortlisted for share plans6. PMI ...
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Article
Top 10 most read stories this week 8-15 May
The top 10 most read articles on employeebenefits.co.uk from 8-15 May:1. Bank of America Merrill Lynch aids staff weight loss2. KFC and RBS shortlisted for pensions communications3. Workplace walking campaign launches4. Imagination staff increase pension contributions5. Standard Life becomes living wage employer6. 35% near retirement not aware of Budget changes7. ...
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ArticleNails Inc sees 1% auto-enrolment opt out
EXCLUSIVE: Nails Inc has seen 1% of its auto-enrolled employees opt out of its new group personal pension (GPP) plan since its staging date in January 2014.The nail bar chain has 60 outlets across the UK and employs around 370 employees, 160 of whom are eligible for auto-enrolment.The GPP, which ...
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ArticleGroup risk industry paid £1.24bn in claims in 2013
The group risk industry paid out £1.24 billion in 2013, according to research by Group Risk Development (Grid).This is a rise from the £1.2 billion paid out by the industry in 2012, based on statistics from the industry body’s research.The research also broke down the risk benefits paid out by ...
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ArticleNigel Bolton: How will the auto-enrolment 'capacity crunch' affect medium to large employers?
During its first 14 months, auto-enrolment saw more than 3,000 of the UK’s largest employers reach their staging date.However, in the first six months of 2014, nearly 30,000 employers will reach their staging date, which has led to concerns about a ‘capacity crunch’.Research conducted by financial research organisation Defaqto on ...
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ArticlePost Office staff receive 7.3% pay rise
More than 3,000 Post Office employees have received a pay rise of 7.3% after an agreement was reached between the Communication Workers Union (CWU) and the organisation.The pay deal will cover three years, and includes pay rises and one-off lump sums for staff working in the Post Office’s Crown network.The ...
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ArticleNationwide becomes living wage employer
Nationwide Building Society has been accredited as a living wage employer.The organisation will pay all its employees, including contractors and temporary workers, the living wage, which is set at £8.80 in London and £7.65 for the rest of the UK.The building society will also become a principal partner to encourage ...
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Article
Dunelm underpaid auto-enrolment pension contributions by £143,000
Dunelm Soft Furnishings underpaid pension contributions due under auto-enrolment by £143,000, according to The Pension Regulator’s (TPR) first automatic-enrolment section 89 report, which highlights key lessons to help employers avoid non-compliance.Dunelm reached its auto-enrolment staging date on 1 April 2013 and was due to complete registration, indicating that it had ...
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ArticleThe Miller Group enhances health and wellbeing benefits
The Miller Group has enhanced a number of its health and wellbeing initiatives after signing up to the government’s public health responsibility deal.Since signing up, the construction organisation has improved: support for employees with chronic health conditions, advice on active travel and the promotion of physical activity in the workplace.It ...
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Article1,000 ducklings end pay dispute
Something for the weekend…As strikes loom for teachers and rail workers over pay disputes, one way to avoid such hassle could be to hatch an unusual revenge plot.Unions take note.In China, one disgruntled employee Chiu Xiang sent more than 1,000 ducklings to his former employer, Hung Bin, in a dispute ...
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Article
Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 17-24 April:1. EU workers to enjoy transferable pension rights2. Family-friendly benefits for the school summer holidays 3. Kcom Group relaunches flexible benefits platform 4. Flex most successful in optimising tax and NI savings 5. New reward management book published 6. 86% ...
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ArticleMale staff win equal pay case against University of Wales
More than 18 male employees have won an equal pay case against the University of Wales Trinity Saint David.The support staff, which includes plumbers and caretakers, took the university to an employment tribunal on the grounds of sexual discrimination after discovering female colleagues on the same pay grade were being ...
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ArticleBarnett Waddingham launches wellbeing modelling tool
Barnett Waddingham has launched a wellbeing data analysis modelling tool to help organisations identify specific health risks among their workforce.The employee benefits and pensions consultancy’s tool, BWell, is aimed at recommending appropriate strategies to develop a wellbeing programme for an employer that is tailored to its workforce’s specific health risks. ...
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ArticleInterview with Nick Court, reward and benefits manager at British Sugar
After spending three years working as a forklift truck driver at Tesco, where he was also a trade union representative, an opportunity arose to move into the retail giant’s employee relations and payroll functions.“I came in on a bit of a curve; I worked my way up from the ground,” ...
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ArticleKcom Group relaunches flexible benefits platform
EXCLUSIVE: Kcom Group has launched a new flexible benefits platform as part of its strategy to allow employees to select benefits all year round.Nearly 2,000 employees at the telecommunications organisation have access to the scheme, branded Pick Your Own, which launched on 1 April.Benefits such as childcare vouchers, bikes for ...