All Employee Benefits articles in Web Issue – Page 958
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ArticleIndustry experts to showcase latest products at Employee Benefits Live 2016
HR, benefits and reward professionals attending Employee Benefits Live 2016 will be able to access a wealth of industry knowledge in the busy exhibition hall.The two-day event, taking place on Tuesday 11 and Wednesday 12 October 2016 at Olympia National in London, will enable delegates to network with leading providers, ...
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Article56% are saving adequately for retirement
Just over half (56%) of respondents are saving enough money for their retirement, according to research by Scottish Widows.The annual Scottish Widows retirement report, which surveyed 5,151 UK adults, also found that 18% of respondents are not saving for retirement at all.The mean age at which respondents feel they could ...
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Supplier article
What next for employee benefits after Brexit?
Steve Herbert is an award-winning thought leader on Pensions and Employee Benefit issues.I doubt that anyone involved in UK business will feel anything other than a surge of relief that the recent Purchasing Managers’ Index (PMI) data regarding both manufacturing and service industries has shown a marked improvement from that ...
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Supplier article
Pension changes survey 2016
The pension freedoms changed the face of retirement income options for members of defined contribution (DC) schemes.Now that it’s been over a year since the changes came into force, we ask - how far have employers come with adapting to this? What are they doing to support employees through this ...
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ArticleEAT rules that pay protection can be a reasonable adjustment for disabled staff
The Employment Appeal Tribunal (EAT) has ruled that pay protection can be included as a reasonable adjustment for disabled employees.In the case of G4S Cash Solutions UK v Powell, Powell worked as an engineer for the integrated cash management organisation, maintaining ATM machines across central London until a lower back ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 1 and 7 September 2016 were: Marks and Spencer lobbied by MPs over planned pay changesPizza motivates staff more than moneyEXCLUSIVE: 49% cite flexible working as most coveted future benefitMarks and Spencer enhances pay and pensions deal49% are concerned about the ...
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OpinionLovewell's logic: Are pay increases discriminatory?
When did you last ask for a pay increase? Is this something you do regularly, or like so many of us, would you only consider doing so when changing roles? Are you even comfortable doing so at all? And if you have requested a pay rise, how successful were you?If ...
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ArticleWhat job is considered the most attractive by a potential partner?
Something for the weekend: Could attractiveness to potential partners be deemed a new work perk? Online dating app Tinder has revealed the professions that prove most popular among UK daters, with lawyers and teachers earning the highest number of right swipes - or 'yeses' - on the app.The most appealing ...
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Article75% are not encouraged to check their pension at work
Three quarters (75%) of respondents are not actively encouraged by their employer to check their workplace pension during working hours, according to research by Aegon.Its survey of 386 consumer and customer panel members also found that 86% of respondents would check their workplace pension during working hours if encouraged by ...
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Article
6: small tax and leg: Government consultation round-up
Gender pay gap reporting for the public sectorGender pay gap reporting guidelines are already in place for private and voluntary organisations employing more than 250 staff, with initial data due to be captured in 2017. In alignment with these measures, the government has recently concluded consulting on how to implement ...
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ArticleDeloitte US introduces paid family leave programme
Audit, tax services and consultancy organisation Deloitte has introduced a new family leave programme for its US-based staff, allowing employees to take up to 16 weeks of fully-paid leave to provide care for family.The programme, which launched in September 2016, takes a broad caregiving approach, helping to support staff who ...
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ArticleEXCLUSIVE: Allen and Overy to discuss auto-re-enrolment at Employee Benefits Live
EXCLUSIVE: Law firm Allen and Overy will share case studies and practical information about pensions auto-re-enrolment at Employee Benefits Live 2016.Jane Higgins (pictured), partner at Allen and Overy, will deliver a session entitled 'Auto-re-enrolment: are you ready?' on Tuesday 11 October as part of the two-day event's workplace pensions conference ...
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Supplier article
Understanding retirement income options: as easy as it seems?
by Jonathan Watts-Lay, Director, WEALTH at workLast week I was talking to a colleague, a keen cyclist, about the impact of financial education and guidance on members’ retirement outcomes.He said there were many parallels between his take-up of cycling, and becoming a competent cyclist, and what we do for employees ...
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Supplier article
Accessing defined contribution (DC) schemes and how to ‘decumulate’
Maybe not as frightening as coming face to face with the Daleks but the problem of how employees access their defined contribution (DC) pension schemes and ‘decumulate’ seems to be growing and exercising a lot of capable minds in the pensions world.With income drawdown on the increase (now the most ...
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Supplier article
2017 and the savings landscape…
Anyone who is involved in the world of workplace savings will recognise that the last few months have been rather interesting to say the least.At the start of the year both employers and the pensions industry were braced for major changes to UK pension tax reliefs in the March Budget. ...
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ArticleMinister invites HMRC to consider investigation into pay practices at Hermes
Courier organisation Hermes may be the subject of an investigation by HM Revenue and Customs (HMRC) following allegations around its employment practices, including pay for couriers.Margot James, parliamentary under secretary at the Department for Business, Energy and Industrial Strategy, has invited HMRC to consider investigating working practices at Hermes.The invitation ...
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Article34% feel there is too much choice when saving for retirement
Just over two thirds (34%) of respondents believe there is too much choice when it comes to saving for retirement, according to research by Willis Towers Watson and Nottingham University Business School.The study, which surveyed 2,000 UK employees, also found that 35% of respondents feel that a lack of knowledge ...
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ArticleGovernment extends pensions VAT deadline
HM Revenue and Customs (HMRC) has extended the deadline to implement revised methods for the deduction of VAT on pension costs.The transition period has been extended by a further 12 months, meaning that organisations and trustees now have until 31 December 2017 to amend arrangements whereby employers can recover VAT ...
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AnalysisHow to create an effective Christmas incentive strategy
Need to know Employers must define what ‘effective’ means to their organisation.Employees’ differing cultural and religious beliefs must be identified and respected.A personalised approach can prove to be a win-win for employers and staff.Christmas may seem like a lifetime away, but now is the perfect time for employers to start ...
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OpinionMelanie Lane: Festive reward messages should be inclusive
It is important that employers are sensitive to all employees’ religious and secular beliefs over the Christmas period. While it is likely that many staff will be celebrating Christmas to some extent, not all will, and some may want to keep sufficient annual leave for a religious celebration at a ...