All Employee Benefits articles in Web Issue – Page 840
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Supplier article
UK fiscal policy: Bad debts (Economic Insight)
By Lucy O’Carroll, Chief Economist - Investment Solutions, Aberdeen Asset ManagementPublic debt burdens are now higher in many of the advanced economies than they have been for 40 years. This may not be much of a surprise following a financial crisis in which government revenues fell and welfare spending and ...
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Supplier article
The 175 quadrillion dollar (Investment Insight)
By Richard Dunbar, Investment Solutions, Aberdeen Asset ManagementFor the past few years, I’ve had on my desk a 10 trillion dollar note from Zimbabwe. I’ve used it in presentations, along with notes with similar numbers of zeros from Germany in the 1920s, to demonstrate what debasement of a currency really ...
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Supplier article
Time to diversify
By Mike Brooks, Senior Investment Manager, Investment Solutions, Aberdeen Asset ManagementIn the eyes of many investors, bonds and equities enjoy a domestic relationship much like the man and woman in a traditional Alpine weather house. The female figure comes out with a sunshade when it’s dry, while the man comes ...
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ArticleHigh Court closes two firms over pension savings scam
The High Court has wound up two organisations for operating an £11.9 million misleading pensions liberation scheme.Clients were encouraged to use their pension savings to buy shares in Liverpool-based KJK Investments, which would then increase by 6% in value each year.The 209 clients were also told to obtain a loan ...
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Case StudiesUKTV creates ideas culture to attract and retain employees
The TV broadcaster builds on this strategy to become a destination employer for top talent. It operates a strong focus on reward and recognition with three schemes to incentivise people to be creative, including a peer nomination scheme, on-the-spot thank yous from manangers and an employee awards ceremony.It also offers ...
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Case StudiesCapital One develops proposition to become a destination employer
Its vision of ‘making lives better’ underpins everything the employer does, having gone on a journey of rebuilding trust between the business, leadership, management and its employees.Karen Bowes, vice-president of international HR and sustainability at Capital One, says: “It is hard to compete with employers with a big external brand ...
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ArticleDebbie Lovewell-Tuck: What makes a destination employer?
Google and Innocent Drinks are two such employers that immediately spring into my mind, but there are, of course, many, many more.But what is it that makes these organisations such desirable employers? How have they earned such a reputation? And what can other employers replicate in order to elevate their ...
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Supplier article
Fit For Work rollout continues…
As you can see on their rollout map, the service is now much more widely available than the initial areas of Sheffield and North Wales. The service is now available in large areas of eastern England, south-east England and much of Wales. So a definite step forward there.That’s the good ...
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ArticleTowers Watson and Willis Group to merge
Global professional services provider Towers Watson and Willis Group Holdings, the risk advisory, re/insurance broking, human capital and benefits specialist, have signed a definitive merger agreement.The combined firm, which will be known as Willis Towers Watson, will have around 39,000 staff across 120 countries. It will continue to be domiciled ...
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ArticleSky uses film imagery to increase flexible benefits take up
EXCLUSIVE: Sky has increased the take up of its flexible benefits by more than 30% following the introduction of new communication techniques.The home entertainment and communications organisation embedded the characters from the Monsters University film into the workplace and used them to create awareness around its My Sky Rewards benefits ...
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ArticleEmployee Benefits digital magazine – July/August 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links on the right under ‘Related articles’ (these articles will go live in stages during July and August 2015).Read the full digital July/August edition of Employee BenefitsWhat makes a ...
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Supplier article
Birthstar launches CPD Research Series
Birthstar, a research and advisory firm for asset managers and intermediaries, has launched a CPD research series on rethinking retirement. The research is designed to help advisers navigate the new pension freedoms with their clients.The series is designed to assist with the theory and practice underpinning retirement planning from both ...
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Supplier article
Finding value in UK equities
By Mark Martin, Investment Director & Head of UK EquitiesRegister for a live update on 9 July at 14.30 with Mark Martin, who will be discussing Chancellor George Osborne’s ‘emergency’ summer budget, the UK equity landscape post May’s General Election and his outlook for the second half of 2015. Mark ...
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Article£1.8 billion withdrawn in first two months of pension freedoms
Almost a quarter of a million payments worth £1.8 billion were made to consumers from pension pots in April and May following the introduction of the pension freedoms, according to research from the Association of British Insurers (ABI).The data reveals that £1.3 billion was put in to buying nearly 22,000 ...
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ArticleStaff save £122.94 a month through share schemes
More than 1.4 million UK employees are now saving an average of £122.94 a month by investing in the oranisation they work for through share schemes, according to a study from IFS Proshare. Data from its annual Sharesave (SAYE) and share incentive plan (Sip) survey reveals that these figures are ...
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ArticleEAT introduces 18-month limit on holiday pay carry over
The Employment Appeal Tribunal (EAT) has ruled that employees can only carry over unused holiday due to sickness absence for a maximum of 18 months. The EAT also found that absent members of staff do not need to prove that illness was the reason for not taking the holiday.In the ...
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ArticleBuyer's guide to financial education 2015
What is financial education?Workplace financial education involves employers, or a third-party provider, educating employees about financial benefits, such as pensions and share plans. It can also include individual savings accounts (Isas) and tax planning, and how to use these perks to optimise their financial wellbeing.Financial education can be delivered to ...
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ArticleMost talked about news in June 2015
Virgin Management is to offer staff a full year’s pay when taking paternity, maternity or adoption leave, providing they have been with the organisation for four or more years.Virgin Management workers who have less than two years’ service with the organisation will receive a quarter (25%) of their salary.“Richard Branson’s ...
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ArticleEmployee Benefits/Alphabet Fleet research 2015
The Employee Benefits/Alphabet Fleet research explores how company car schemes are operated among UK organisations and the attitudes of the employers that offer them. The research was carried out in May 2015.The majority of respondents (61%) work in organisations with more than 1,000 employees, across all industry sectors.21% provide a ...
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ArticleTax-free childcare delayed until 2017
The launch of the government’s new tax-free childcare scheme has been delayed until 2017 following a ruling by the Supreme Court.The scheme, which was originally due to launch in autumn 2015, has been delayed as a direct result of a legal challenge brought by the Childcare Voucher Providers Association (CVPA) ...