12 Dec 2018
The UK government has launched a consultation on allowing defined benefit (DB) pension schemes to consolidate into 'superfund' entities.
It's thought that larger, combined schemes would benefit from improved funding, economies of scale and better governance -- offering more security for members.…
10 Dec 2018
Many employees appreciate being able to work away from the office, either on a regular basis or just occasionally to help ensure a better work/life balance. And while it's easier for larger organisations to accommodate flexible and home working, small firms should also consider allowing it wherever…
05 Dec 2018
Pension dashboards will be launched next year, but they won't include state pension data straight away.
The free, user-friendly dashboard will bring together the facts and figures of people's various pension schemes in one place online for the first time -- helping savers to make informed choices…
03 Dec 2018
New research shows that nearly all UK employers (97%) expect to maintain or increase their spend on employee benefits over the next two years.
The Chartered Institute for Personnel and Development (CIPD) and consultancy company LCP surveyed 568 HR practitioners about their organisation's benefits…
28 Nov 2018
Only half (53%) of Britain's over-50s feel well prepared for retirement and four in ten (38%) worry about it, yet many are reluctant to seek financial advice.
In fact, it would take a windfall of over half a million pounds before most would call in a financial adviser.
That's according to research…
26 Nov 2018
Businesses should improve their employee benefit schemes to support lower earners, according to a report by the Work Foundation.
With levels of in-work poverty reaching record highs, the Work Foundation has been working in partnership with the Joseph Rowntree Foundation and businesses in the retail…
22 Nov 2018
People who put their savings into cash ISAs have missed out on £127bn because of a reluctance to invest in the stock market, a new report claims.
Cash ISAs remain far more popular than stocks and shares ISAs, despite the relatively low returns offered by the lower risk accounts.
21 Nov 2018
Seven in 10 employees believe that employers are not taking mental wellbeing and musculoskeletal issues seriously enough in the workplace, according to a poll by health cash plans provider Health Shield.
Two in three employees said that their business does not provide tailored support for mental…
14 Nov 2018
One in four people approaching retirement don't realise they have to pay tax when withdrawing cash from their pension savings.
In a survey of more than 2,000 people over the age of 55, Legal & General found that 27% thought they could access their pension pot completely tax-free, potentially…