All Employee Benefits articles in Web Issue – Page 542
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Article
Standard Life makes corporate changes
Standard Life has made a range of changes to its business, including:Its corporate function will now be known an Workplace under Ronnie Taylor. He will also remain accountable for the firm’s implementation of the retail distribution review (RDR).Its retail adviser, proposition, wealth and investment solutions businesses will report into Richard ...
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Article
EOA appoints Hasdell to taskforce
The Employee Ownership Association (EOA) has appointed Iain Hasdell to its employee engagement taskforce.Hasdell has been the chief executive of the EOA since April 2012. He previously spent 10 years as a senior partner at KPMG.Hasdell said: “As a long-standing supporter of greater involvement and fairness in the workplace, I ...
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Article
Finally, a pen just for the ladies
The women here at the employeebenefits.co.uk offices were aghast to hear that stationary manufacturer Bic has launched a tool specifically for them, namely a pen ‘reserved for women’.We agree that it is important that employers provide employees with the correct equipment to be able to carry out their jobs effectively, ...
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Opinion
Charles Cotton: United approach required
A number of challenges are encouraging HR professionals in larger organisations to examine workplace savings. One is that the average life expectancy of employees is gradually rising due to medical improvements and better lifestyles.Because of this and the shape of public finances, the state pension age is being progressively raised ...
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Article
Debi O'Donovan: DC needs careful attention
I am very pleased to see the debate about pension charges hitting the headlines. Not only because we desperately need transparency on annual management charges to avoid a future mis-selling scandal, but also because it means defined contribution (DC) schemes are finally getting more attention.As Lee Hollingworth, head of DC ...
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Opinion
Martin Palmer: Building a platform for success
This industry forum is supplied by Friends LifeCorporate platforms can really revive an employer’s benefits provision and have been a big buzzword in workplace savings for some time. They allow employers to offer a range of financial benefits and investment options, such as pensions, Isas and investment accounts, which better ...
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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.The market, still in its early development, can be confusing for organisations looking at how they might deploy a platform.This ...
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Article
David Smith: Does flexible working reduce stress?
Employers should be encouraged to adopt a strategic approach to addressing rising levels of stress. Research may point to flexible working as a useful tool that employers can use to reduce stress, but it is important they do not regard it as a standalone solution for this type of issue ...
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Opinion
Susan Jones: How many default funds?
Offering a choice of default funds to pension scheme members rather defeats their purpose. Defaults are for those who do not want to make any choice about investment, do not feel capable of doing it or think that someone is doing it for them. One of the painful facts about ...
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Article
James Kirkland: Does flexible working reduce stress?
In the run-up to the Olympics, we at O2 held the UK’s biggest ever flexible working trial for our 1,700 Slough-based office staff. With the rowing at nearby Eton Dorney attracting up to 30,000 visitors a day, we needed to find alternative arrangements for staff or risk losing them in ...
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Article
Mary Mercer: Does flexible working reduce stress?
Flexible working, when first developed as the concept of work-life balance, had at its heart the ability of the employee to control their working life and reduce stress. A range of organisations that measured employee stress levels before introducing work-life balance programmes and then remeasured the stress levels of flexible ...
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Case Studies
Legal & General staff get lesson on saving
Case study: The £70-a-week experienceOne of those who undertook the £70 challenge was Greg Kingston, head of marketing at Suffolk Life, part of the Legal and General group. Working for a pensions company, Kingston is already an evangelist for saving, but wanted to experience living on a basic state pension.“I ...
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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.The study found that, on average, employees are making three distinct investment decisions a year, with those trades representing about £317 of their fund. This activity ...
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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.The Employee Benefits/Premier pensions and workplace savings research 2012, published in August, showed that only 8% of employers have an online platform to allow ...
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Article
Over-55s would support appointment of a retirement minister
Nearly two our of three (64%) of over-55s would support the appointment of a retirement minister to focus on the issues facing employees as they approach retirement, according to research by retirement income specialist firm Primetime Retirement.Its survey found that 25% of respondents would not support the appointment of a ...
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Article
Premier launches auto-enrolment product
Pensions and actuarial firm Premier has launched a product to help employers manage their auto-enrolment obligations.The Premier Auto-enrolment Manager (PAM) can be tailored to suit any size of organisation. It can also be adapted to work with multiple pension schemes and can interface with all payroll systems.Paul Couchman, managing director ...
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Article
Nationwide expands flexible benefits scheme
EXCLUSIVE: Nationwide will add membership in the Royal Horticultural Society (RHS) and expand its range of shopping vouchers, rechargeable cards and NCP car parking locations when it opens the enrolment window for its 2013 flexible benefits scheme.The flex enrolment window for 2013 opens on 5 October and closes 16 November. ...
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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.The subject is one of a dozen live streams that also include benefits strategy, human resources, pensions strategy and communication.Sessions will cover how ...
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Article
Workplace Savings Quarterly – September 2012
The third Workplace Savings Quarterly from Employee Benefits magazine digs deeper into the issues that HR and benefits managers need to consider around workplace savings.Find out what topics should be front of mind, including pensions investment risk, corporate platforms and auto-enrolment.
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Article
Report on employee motivation 2012
Employee Benefits’ motivation report rounds up the main issues and trends in staff motivation and employee recognition.The motivation report covers:Workforce segmentation helps target motivation benefitsMotivation schemes on a limited budgetOlga Tregaskis: Work practices could boost productivitySocial media plays a growing role in recognition schemesMatt Duffy: Accurate data is key to ...