All Employee Benefits articles in Web Issue – Page 895
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Supplier article
Get your New Year off to a flying start
Ross Jackson, Senior Marketing ManagerThere’s no denying that these days we expect things quickly. You might have noticed it first-hand during the flurry and rush of the Christmas period. The fact is that in a world of smartphones, social media and click and collect, most clients expect to get an ...
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11, Aviva industry insight - International private medical insurance – engulfed by options
The area we think of as the Gulf is a maelstrom of modernist ambition and staunch heritage, driven by aspirations to succeed and guided by desires to conform. For instance: despite its influx of oil-fuelled wealth and supercars per square mile, it may surprise you to learn that the first ...
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Supplier article
The Perils of Passive Investing
The era of loose monetary policy created an environment that rewarded passive investors in the US. However, with the US raising interest rates for the first time since 2006, Felix Wintle explains why he believes active investing will be more important than ever.In the video Felix discusses:The rising cost of ...
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9 Aetna industry insight - How to support a global workforce during times of geopolitical crisis
With last year’s terrorist attacks in Paris, the Brussels security lockdown and the downing of the Russian jet, employers are concerned with how they can support both local employees and UK staff based overseas, as well as those travelling abroad on business. What impact have these types of events had ...
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Article23% pay a 5% contribution into employees' pensions
Around a quarter (23%) of respondents are paying a 5% contribution into their employees' pensions, according to research by Aegon.Its survey of 508 employers also found that 92% of respondents make a 2% contribution, ahead of this becoming the required minimum employer contribution rate under auto-enrolment from 2018.The research also ...
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ArticleRio Tinto freezes staff pay
Anglo-Australian metals and mining firm Rio Tinto is freezing staff pay across the business.The freeze forms part of the organisation's bid to control costs in the face of challenging conditions for the mining sector.There will be no salary increase this year for any members of staff, including Rio Tinto’s chief ...
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5, Cigna industry insight - Taking a global approach to wellbeing
Whether you are in London, Los Angeles or Lagos, it is likely that you will be facing many of the same health risks. Lifestyle-related health issues such as stress, obesity and chronic conditions are common in every developed country around the world, reducing productivity, and pushing up absence and healthcare ...
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ArticleEXCLUSIVE: 99% of Bibby Financial Services employees engage with flexible benefits
EXCLUSIVE: Bibby Financial Services has achieved a 99% employee engagement rate with its flexible benefits programme.Just seven of the organisation's 763 employees did not make any changes to their flexible benefits package during its most recent window, which ran from 17 November until 6 December 2015.To achieve this level of ...
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Supplier article
Auto-enrolment figures – scores on the doors?
The Pensions Regulator (TPR) updated their monthly auto-enrolment (AE) figures this month and so it is an opportune moment to keep our followers informed as to progress on this key issue.The document (which can be read in full here) breaks down the AE data month by month. As of December ...
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Article30% are in favour of changing pensions tax relief
Less than a third (30%) of employer respondents are in favour of changing the tax relief available on pensions, according to research by Hargreaves Lansdown.Its survey of 345 employers also found that around half (53%) of those that support change favour a flat rate of tax relief, with 41% wanting ...
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ArticleGovernment confirms cap on early exit pension charges
The government has confirmed a cap on excessive exit charges for those accessing their pension pot early.On 19 January, chancellor George Osborne outlined a proposal to place a duty on the Financial Conduct Authority (FCA) to cap excessive early exit penalties.The FCA will be responsible for setting the level of ...
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ArticleEmployee Benefits Awards 2016 deadline fast approaches
The deadline for entries for the Employee Benefits Awards 2016 is fast approaching.Submit your entries by 29 January to be in with a chance to gain recognition for your benefits achievements.The annual Employee Benefits Awards provide employers with an opportunity to gain recognition for their benefits achievements. There are 23 ...
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Article70% of retailers undecided about approach to national living wage
Almost three-quarters (70%) of retail chain respondents are undecided about their approach to implementing the national living wage, according to research by Willis Towers Watson.Its survey of 28 retail chains with between 5,000 staff or fewer and more than 100,000 employees, also found that 85% of respondents will wait until ...
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Supplier article
Learn how pension tax allowance changes affect you
The pension tax allowances are changing (again).Join us at one of our breakfast seminars and help your employees avoid unwanted, unexpected and unnecessary tax charges and fines.Nobody wants to be stung with an unexpected tax bill or fine. But if you don’t know an employee’s total income, what can you ...
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Supplier article
What’s the real cost of cancer in the workplace?
One in two people born after 1960 will be diagnosed with cancer. Is your workplace prepared for the impact? And how can you mitigate the cost?Advances in medicine, better diagnostics, more effective interventions and improved survival rates; we’ve come a long way in the fight against cancer. However, there’s a ...
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AnalysisHow to differentiate a pensions offering to attract talent
Need to know:Pensions differentiation does not have to be all about contribution levels. The first step is to help employees understand the benefit.Master trusts can provide great tools and the complete panoply of post-retirement options.Behavioural science can be harnessed to improve pensions engagement, because employees are more receptive in certain ...
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OpinionClive Lewis: Pension changes present an opportunity for employers to engage staff
Many employees are unconcerned about the value of their pension scheme, if they have a scheme at all, until they are close to retirement. Indeed, many employees are hard pressed to specify the benefits their workplace pension scheme offers.Two things are changing this situation. First, changes to the rules regarding ...
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AnalysisInfographic: Employees' views about the impact of workplace pensions
An infographic outlining employees' views about how workplace pensions impact them (Source: Workplace pensions report 2015, Scottish Widows, September 2015).Read more about how to differentiate a pensions offering to attract talent.
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Supplier article
What you need to know: pension re-enrolment
Since the introduction of auto-enrolment in 2012, it has been a popular topic in the press. Recently media focus has shifted towards small and micro employers; however attention is set to return to the UK’s largest businesses as they prepare for re-enrolment.This guide aims to provide essential information to help ...
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ArticleBlue Apple boosts stress resilience by 10% through wellness scheme
Catering firm Blue Apple has achieved a 10% improvement in stress resilience among its 330 employees following the completion of a four-month wellness programme.The initiative, provided by Super Wellness, focused on healthy eating and included presentations on digestive health, food for the brain, and eating for a healthy metabolism.Those who ...