Employers faced with the burden of implementing an auto-enrolment scheme for their employees will welcome the change in stance by the Department of Work and Pensions (DWP). This now means that employers will have more time to notify their employees about a waiting period and their right to opt in to the company scheme. …
Category: Corporate view
Rewarding and incentivising employees with a good benefit package
Tough economic conditions mean small employers benefit from delay
Small firms have been given an extra year to prepare for the auto enrolment of their employees into a qualifying pension scheme. The Department for Work and Pensions (DWP) has announced a revised timetable so that small firms with fewer than 50 employees will not begin the process until mid 2015 instead of April 2014…
Benefit from the success of your business
If you are running a successful business how can you use that to generate financial security in retirement? There are a range of potential solutions that will provide both you and your employees with tax efficient retirement benefits. Stakeholder arrangements and group pension plans for your colleagues and employees are both an attractive recruitment tool…
Flex Benefits – providing the right package
More and more employers are aware that a good salary alone is not enough to attract and retain the best staff. Companies realise that offering the right benefits package is essential whilst employees are demanding greater flexibility from their package. Employers planning to introduce a flexible benefit package may also provide a solution for the…
Could longer life expectancy be the death of pensions?
Increasing life expectancy, new accounting standards, regulatory changes and the continued volatility surrounding scheme deficits have all contributed to make Defined Benefit pension schemes a major corporate headache for many companies. As a result many employers are looking at ways of reducing the exposure to risk that the pension scheme poses, ranging from…