All articles by System Administrator – Page 101
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Article
BUPA launches cover for workers and families
BUPA has launched two PMI schemes to extend cover to workers and families not covered by their employers' private medical insurance plan.Employee Choice and Essential plans are voluntary offers costing from £16.50 per month. A £250 excess is available to reduce remium costs further.
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Zurick bulks up pension offer
Financial group Zurich has strengthened its pensions offer, adding 27 new funds to include funds from 10 new managers, including Artemis, New Star and Invesco investments.Pete Davis, fund management director at Zurich said the funds covered the full range of asset classes and offered more choice and flexibility to investors.
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Legal & General offers back to basics SIPP Guide
Legal & General has launched a guide to Self Invested Personal Pension plans amid growing widespread popularity for the investment option.The guide explains the current state of play for SIPPs and how the incoming pension simplification changes will affect the product.
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Box office hits Voucher Association
Trade body Voucher Association has added Theatre Tokens to its list of full members aiming to bring more diversity to the 29 members representing the £1.43bn voucher market.Theatre Tokens is administered on behalf of the industry by the Society of London theatre, aiming to raise theatre attendance in the UK.
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Winterthur launches Lifetime Allowance Planner
As industry gears up for A-Day, Winterthur Life UK has launched an online pensions modeller to help IFAs analyse how A-day will affect their clients.The product aims to model complex 'what if' scenarios, David Thompson, sales director at the financial group, said the tool would be useful to IFAs in ...
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Article
Appleyard card aims to smooth fuel VAT claims
A new fuel card from Appleyard Vehicle Contracts claims to allow simple VAT claw back amid proposed Euro tax rules that threaten to complicate the process.Managing director Alan Maude said the card records a purchase and logs the VAT content. The data is then billed to the client on an ...
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Article
CIPD opens Certificate in Psychology of Management
The Chartered Institute of Personnel and Development has opened a new certificate course to help organisations successfully implement major change.The Certificate in Psychology Management is designed to overcome problems adapting to major change after the HR institute found 40% of organisations fail to meet their objectives.The course aims to ensure ...
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Article
Childcare at Wragge law firm
National law firm Wragge has introduced childcare vouchers to help its high-bracket tax payers. Benefits officer Catherine Potter said the firm expects considerable demand among its 40% taxpayers attracted by annual national insurance and tax savings of up to £1,066 under April's change in legislation."There's been so much focus about ...
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Research update - Cash-for-car options rising
Some 70% of employers offer company car drivers a choice between a car and a cash allowance. The average annual car allowance for company bosses is £10,300, while senior managers receive an average of £8,200. For those that choose to take a car, some 40% of organisations allow staff to ...
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Analysis
Feature - Focus on cars: Employee choice of cars
Peter White discovers limitations of company car choice range from business image stipulations to load-bearing capabilityIf you read nothing else, read this …Many employers do not allow drivers in employee car ownership plans (Ecops) to choose sports cars or utility vehicles, and many require staff to select cars with four ...
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Analysis
Research update - Make allowances for the uninsured
Thousands of drivers that opt for a cash allowance are driving without the correct insurance. Fleet management provider Arval highlights that one-in-ten drivers that take a cash allowance fail to declare that their company car is to be used for business purposes. By looking for the cheapest insurance deals, many ...
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Article
Insurer saves worker parents £2K
The Funding Corporation has introduced childcare vouchers that it hopes will save families with two working parents up to £2,000 a year. The car and motorbike insurer introduced the salary sacrifice scheme with the help of childcare provider Busy Bees to sit alongside its other perks that include a day ...
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Article
Royal Mail HR shines
Royal Mail employees have been encouraged to take measures to reduce exposure in the summer heat. It has issued all of its 100,000 outdoor staff on postal rounds with advice to reduce the risk of UV damage.While the government owned postal service does not offer free sunscreen to workers it ...
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Article
Harrods launches personal shopping service
Top-end retailer Harrods has launched a gift card shopping service for clients and employees.By Appointment includes a team of personal shoppers to help recipients choose from a range of products.
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Lloyds TSB targets flex
Lloyds TSB is to change the way it communicates its flexible benefits plan to increase take up.The banking group will publish three brochures later this year, hoping to segment its 77,000 workers into different target groups to push take-up over 75%.Group compensation and benefits director Paul Farley said this was ...
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Article
News update - Elsevier funds third world libraries
Staff at scientific and medical journals firm Elsevier has invited its 6,700 workers worldwide to gift a new Elsevier book to one of a shortlisted set of libraries in South America, Africa or Asia - to benefit through its 'A book in your name' programme.
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DWP launches EAP
The Department for Work and Pensions (DWP), headed by David Blunkett (pictured), has introduced a new employee assistance programme (EAP) to help staff cope with the pressures of modern life.Over 150,000 employees will be able to get support and advice through the service, launched last month. The DWP hopes that ...
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Article
News update - Good drivers secure gift vouchers
Security firm Pointer has rewarded its company car drivers with gift vouchers for safe driving. The Glasgow-based company is offering vouchers up to £100 for workers that have not been involved in any accidents and who reduce fuel costs. Pointer has also reduced its insurance premiums on its fleet of ...
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Article
News update - Year delay pays off for Scots
The Scottish Executive has finally introduced a home computing scheme to its 400,000 workers after it delayed plans to secure a better deal.Sanjin Kaharevic, policy officer at the public sector organisation, said the proposal, which was originally scheduled for May 2004, was revised to encourage suppliers to offer a cheaper ...
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Article
Dairy Crest churns DB
Dairy Crest is to close its defined benefit (DB) pension scheme to new members. The firm, which delivers milk and produces the St Ivel and Clover butter brands, took the decision as a result of its pension deficit. In March 2005, the deficit was £104m, compared with £95m in 2004. ...