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News
Employees feel ‘too guilty’ to use all holiday allowance
A quarter (25%) of UK employees did not use all of their holiday allowance in 2012, with one in 10 (11%) feeling too guilty to use all of their annual leave, new research has shown.
19 Jun 2013
Comet scheme deficit unchanged despite accelerated recovery plan
The Comet Pension Scheme deficit remained unchanged at €40m (£34m) last year, despite the scheme receiving additional contributions in a deal which released former sponsor Comet from its obligations.
19 Jun 2013
DWP to set out collective DC proposals
The Department for Work and Pensions (DWP) paper on defined ambition expected this summer will set out plans to introduce large scale collective defined contribution (CDC) schemes to the UK.
19 Jun 2013
PB Show: AE comms and project management biggest worries for pension professionals
Communication and overall project management are the biggest concerns facing pension professionals in the current market, according to a poll conducted at the Pensions and Benefits Show 2013.
19 Jun 2013
Flexible working undervalued by employees despite overwhelming HR support
Flexible working is the most successful way of boosting day-to-day productivity according to 96% of HR professionals, a new survey by HR recruiter Ortus reveals.
19 Jun 2013
Regulators could halt bonuses and pensions for bailed-out bankers
Regulators could be awarded new powers to freeze bonus payouts and pensions for banking staff should their banks be subject to a taxpayer bailout.
19 Jun 2013
Third of employers mull ending childcare vouchers early
More than a third of employers who currently offer childcare vouchers are considering scrapping their schemes before the government replacement is finalised.
19 Jun 2013
Employers and employees clash over fit note benefits
Employers have said the government’s fit note is failing to return staff to work, despite findings that showed 71% of employees agreed the tool had been helpful in getting them back to work.
18 Jun 2013
Employers missing out on value of health programmes
Many employers lack understanding in the commercial value of their health programmes, with some unsure or unable to measure the extent to which their workforce faces health issues.
18 Jun 2013
Asset managers ‘to incorporate best DB features in DC’
Asset managers are increasingly considering how to incorporate the best defined benefit (DB) features in defined contribution (DC) investment, according to research.
18 Jun 2013
Now Pensions adds Fitness First to client list
Now Pensions has been appointed auto-enrolment (AE) provider for leisure chain Fitness First.
18 Jun 2013
Labour: ‘Potential’ for NI relief to incentivise benefits and living wage
Labour says that it may consider offering incentives for firms providing health and wellbeing benefits to staff and to those organisations paying a living wage were it to win the next general election.
17 Jun 2013
RBS’ Martin quits for Tetra Laval
Royal Bank of Scotland (RBS) head of pensions and benefits Ray Martin has left his post in order to join Switzerland-based Tetra Laval.
17 Jun 2013
Imperial Home Decor scheme secures ‘enhanced’ buyout
The Imperial Home Decor scheme has agreed a £5m medically underwritten buyout of its defined contribution (DC) section in the first such deal to be publicly announced.
17 Jun 2013
PB Show: Flex benefits portal saves Santander £1.7m
Santander saved a total of £1.7m with its employees saving just under £1m on benefits spending through the introduction of a new integrated HR portal.
17 Jun 2013
PB Show: DC governance has 'passed employers by'
Governance in contract-based defined contribution (DC) schemes is being ignored by many employers, Punter Southall believes.
14 Jun 2013
PB Show: Merging savings and payout central to good DC default design
‘Marrying’ the savings phase with the payout phase will help to deliver a well-constructed defined contribution (DC) fund, according to State Street Global Advisers.
14 Jun 2013
PB Show: Employers should ‘leverage assets’ to maximise DC outcomes
The defined contribution (DC) pensions market has come of age and employers should be using their members’ assets to obtain the greatest benefits for themselves and their staff, Standard Life believes.
14 Jun 2013
PB Show: TPR demands greater support for members at retirement
The industry must do more to support employees making retirement income decisions says The Pension Regulator’s chairman Michael O’Higgins.
13 Jun 2013
PB Show: PPF confirms 10% levy increase likely
The Pension Protection Fund (PPF) has warned that the £630m levy paid by schemes to fund the organisation is likely to rise by an average of approximately 10% in September.
13 Jun 2013Benefit guide
Features
Getting dental care right
It has been a tumultuous year for the dental market. Following an investigation into the industry by the Office of Fair Trading and numerous studies around pricing, Hannah Uttley looks at the impact for employers and staff.
Financial education in the workplace
With the government responding to online campaigns for wider financial education, Owain Thomas investigates what employers should be doing.
Auto-enrolment Conjecture
Healthcare Conjecture
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Events
Pensions and Benefits Show 2013
The programme for the Pensions and Benefits Show, which takes place on 12-13 June at ExCel in London, has now been unveiled.
WSB Awards
WSB has launched the Workplace Savings and Benefits Awards 2013 - the only award event to recognise both employer and provider excellence.
Briefings
Resilient Dynamism: The World Economic Forum’s Global Risks Report 2013
The World Economic Forum’s Global Risks 2013 report is developed from an annual survey of over 1,000 experts from industry, government, academia and civil society who were asked to review a landscape of 50 global risks.
AE Implementation: Choose the Right Path
Aviva has successfully supported employers through staging and implementation of auto-enrolment. Thankfully, none have needed the thornbush, and none have come close to the cliffs, but all have struggled at times with the enforced downhill speed toward their staging date. So what have we learned so far?
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