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Employee Benefits News

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19 Jun 2017 Greater flexibility could help tackle gender pension gap

It´s time for employers to address the difference in pension savings of men and women, according to a new white paper from human resources consulting firm Mercer. The Gender Pension Gap — From Awareness to Action says that businesses have a key role to play in ensuring their fem...

12 Jun 2017 Group risk protection can help support staff with caring responsibilities

Caring issues are a significant cause of workforce absence — but group risk products can help employees cope, according to industry body Group Risk Development (GRiD). Employer research conducted for GRiD found that home and family issues — including the need to care for children, e...

05 Jun 2017 Employers should draw up a manifesto for mental health, says RedArc

Employers need to set out how they will support their employees´ mental health, according to medical services provider RedArc. Christine Husbands, managing director of RedArc, welcomed the fact that all the major political parties promoted equality for mental and physical health i...

30 May 2017 Nine in ten employers face challenges communicating benefits to workers

Employers are struggling to communicate effectively with their staff about the benefits available, a new study has found. A competitive benefits package in the workplace can help improve job satisfaction and employee engagement and bring down the costs of absenteeism. But a UK survey of...

15 May 2017 Group Risk cover supports record number of families

The UK Group Risk industry provided financial support to a record number of families last year, according to industry body Group Risk Development (GRiD). The latest industry figures from GRiD show that a total of nearly £1.5bn was paid out during 2016, an increase of £100m on 2015. Th...

08 May 2017 Under-40s plan to cut back on workplace pension saving to invest in LISAs

The Lifetime ISA (LISA), which launched last month, is a more attractive savings prospect than a workplace pension for many employees under the age of 40, according to research from MetLife. A survey by the life insurance company among 1,071 employed adults aged 18 and over found that n...

18 Apr 2017 Auto-enrolment passes half-million mark

More than half a million UK employers have now set up auto-enrolment pensions for their employees, according to the latest figures from The Pensions Regulator (TPR). The regulator´s Declaration of Compliance report shows that 503,178 employers had completed their workplace pension...

10 Apr 2017 CBI boss urges government to support UK´s self-employed

The head of the UK´s biggest business group is calling for the Government to scrap plans to hit Britain´s “thriving” self-employed workforce with sudden tax changes, The Telegraph reports. Paul Drechsler, head of the Confederation of British Industry (CBI), argued that t...

03 Apr 2017 BMW employees vote to strike over ‘pensions robbery´

BMW staff in Britain have voted in ‘overwhelming´ proportions to go on strike over the company´s plans to close its final salary pension, The Telegraph has reported. As a result, the article notes, up to 3,500 workers at the car manufacturer´s nationwide sites could ...

27 Mar 2017 How Article 50 could affect UK employment law

Writing recently for the CIPD website, lawyer Amanda Steadman explained how the triggering of Article 50 – and Britain´s subsequent exit from the EU – could affect workers´ rights in the UK. As Steadman explains, once the Article 50 notification has been issued, Britain ...

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