Money Talk

JULY 25, 2024

The number of self-employed older adults has been steadily increasing in recent years driven by factors such as longer life expectancy, changing attitudes toward work in retirement, and technology advancements that enable remote work. Other factors are a desire for flexibility and work-life balance (i.e.,

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Employee Benefits

SEPTEMBER 15, 2023

Two-fifths of older employees are unaware of how much they have saved for retirement, according to research by workplace savings and pensions fintech Cushon. However, 86% of this age group have never transferred one pension pot into another. However, 86% of this age group have never transferred one pension pot into another.

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Pension Employee Enrollments Technology Employee Benefits 118

Employee Benefits

JULY 18, 2023

Workplace pension provider Smart Pension has acquired workplace pension services Evolve Pensions, owner of master trust the Crystal Trust. Paul Bannister, chief executive officer at Evolve Pensions, added: “At Evolve, we have always put people at the centre of everything we do.

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Money Talk

OCTOBER 11, 2023

Back-Up Income - When older adults start a business, they often have back-up income sources such as Social Security, a pension, or an annuity. Continued Growth and Learning - Entrepreneurship requires older adults to stay mentally sharp by keeping up with the latest information in their field and with technology advances.

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Employee Benefits

JULY 24, 2024

Since 2017, nuclear security technologies organisation AWE has worked to help its more than 7,000 employees on a journey towards embedding a whole-life savings approach. Alongside this, over the past two years the organisation has embedded a specific focus on encouraging pensions’ awareness , and saving, among new hires.

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Employee Benefits

APRIL 9, 2024

Electronics business Epson UK has completed a £60 million pension buy-in for its Epson UK Pension Scheme. The deal, which was carried out with financial services firm Just Group and scheme trustee Dalriada, secures the benefits of 113 pensioners and 289 deferred members.

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Employee Benefits

MAY 16, 2024

Technology firm Siemens and Stockton-on-Tees Borough Council are among the employers shortlisted for Best pensions strategy at the Employee Benefits Awards 2024. A Howden spokesperson said: “We worked really hard with our pensions strategy. View the shortlist For more information and to book your table.

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HR Bartender

SEPTEMBER 21, 2016

For more than a century, Xerox has been a leader in document technology and services. Their human resources services include advisory, technology, and administration solutions to help companies manage and engage employees. (Editor’s Note: Today’s post is brought to you by our friends at Xerox HR Services. Enjoy the post!).

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Retirement Plan Employee Wellness Human Resources Pension 142

Employee Benefits

NOVEMBER 29, 2023

More than 80 offshore drillers working for Odfjell Technology have settled a pay and conditions dispute over work on TAQA installations. In total, the deal equates to a 13% increase that will be fully consolidated into pensions, overtime and future pay increases. Odfjell Technology has been contacted for comment.

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Employee Benefits

SEPTEMBER 6, 2023

Insurance market support services provider PoloWorks is rolling out new benefits technology to increase employee engagement with benefits and enable them to access all options in a single location. The post PoloWorks to roll out new benefits technology appeared first on Employee Benefits.

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Employee Benefits

AUGUST 9, 2023

Smith and Nephew UK Pension Fund has completed a £260 million buy-in deal. The transaction with Rothesay, which secures the benefits of 1,885 pensioners and dependants, as well as 2,315 deferred members, is the final transaction securing the fund’s objective of insuring all of its members’ benefits.

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Employee Benefits

NOVEMBER 6, 2023

This would incorporate an employer pension contribution of 4%, and an extra 5% which could be used to purchase other benefits. The starting point was the pension plan. It also signed up to the Green Pensions Charter, which helps challenge pension providers around their wider sustainability credentials. “We

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Employee Benefits

APRIL 8, 2024

They can choose to receive their payment instantly, send it to their savings account, or put it straight into their pension pot. We look forward to working with PayCaptain and rolling out their sophisticated technology and team’s expertise across the business to continue driving our commitment to enhancing our employee experience.”

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Employee Benefits

NOVEMBER 14, 2022

Need to know: Trustees of large pension schemes and master trusts now have an additional obligation to publish a forward-looking measure of their scheme’s alignment with the Paris Agreement. Trustees and employers should ensure the pension investment strategy aligns with the business’s own corporate social responsibility strategy.

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Employee Benefits

APRIL 23, 2024

Half (51%) of employees want to see their employer invest more in sustainability, rising to 61% among younger workers aged 18-34, according to research by employee benefits technology provider Zest.

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Employee Benefits

FEBRUARY 24, 2022

Rapidly growing finance technology provider Cushon has appointed experienced HR practitioner Jo Bean as chief people officer. If Cushon’s acquisition of the Creative Pension Trust is approved by the regulator, it will increase the fintech’s customer base to over 400,000 and the value of the assets under its management to £1.7

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Employee Benefits

JUNE 28, 2023

Benefits on offer at Fox Agency: Pension Salary sacrifice pension arrangement; employees are automatically enrolled after three months’ service. Opportunity to travel to technology events. Employee contribution 5% and employer contribution 3%. Healthcare and wellbeing £25 monthly wellbeing allowance.

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Employee Benefits

NOVEMBER 6, 2023

Travel-related benefits, pensions and carbon-offsetting schemes can all help employees make a difference to their carbon footprint, and that of their employer. Green investments Pensions are another area where employers can have a significant impact. Refurbished options Other measures can also have an impact.

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Employee Benefits

JANUARY 26, 2022

The Work and Pensions Committee is calling for trials of automatic appointments with the Pension Wise service as part of its new ‘Stronger Nudge’ interventions. This can be delivered face-to-face or online and utilises digital nudge technology to encourage employee engagement and participation.

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Employee Benefits

DECEMBER 8, 2022

Need to know: *Trustees of large pension schemes and master trusts now have an additional obligation to publish a forward-looking measure of their scheme’s alignment with the Paris Agreement. Trustees and employers should ensure the pension investment strategy aligns with the business’s own corporate social responsibility strategy. .

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Employee Benefits

JULY 31, 2023

But your organisation might be doing just that because the set-up of your workplace pension scheme has kept you blissfully unaware. Pension contributions by employers are great in principle, fostering stability and long-term economic wellbeing for employees. After all, your workplace pension is your most costly perk.

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Employee Benefits

FEBRUARY 14, 2023

Credit: William Barton / Shutterstock.com Banking organisation NatWest Group has acquired 85% shareholding in workplace savings and pensions fintech Cushon, with the remaining 15% retained by Cushon management. Users can save into pensions, ISAs and other products direct from their pay. The business has £1.8

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HR Digest

JANUARY 10, 2021

The current surge in the gig economy has been influenced by rise of digital technology and the use of on-demand platforms. There’s more to the gig economy than work being mediated via technology. According to estimates, five million workers are at risk of not having enough pension.

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Employee Benefits

SEPTEMBER 18, 2023

The employee benefits technology platform’s findings highlight growing challenges in the UK around access to healthcare, as more people explore private provision as opposed to solely relying on public healthcare, due to growing waiting lists.

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Employee Benefits

NOVEMBER 9, 2022

The charity partnered with global financial education benefit provider Nudge, which has made sure that its technology now complies with the web content accessibility guidelines. Sight loss charity Royal National Institute of Blind People (RNIB) has provided access to financial education to its employees and others with sight loss.

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Workplace Insight

DECEMBER 12, 2023

” The announcements today include new second headquarters for the Department of Business and Trade in Darlington, and the Department for Science, Innovation and Technology in Greater Manchester.

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Employee Benefits

OCTOBER 11, 2023

They will also be eligible for compassionate and parental leave that includes providing a lump sum to cover time off if they welcome a new family member or lose a loved one, and discounts on food and groceries, fuel, technology and utilities at well-known retailers.

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Employee Benefits

JANUARY 15, 2024

The global financial technology firm that provides merchants with card readers and payment solutions has more than 3,000 employees globally. Its benefits offering for UK-based employees includes the SumUp corporate pension scheme, private medical insurance and life insurance cover, which it primarily markets towards its older staff.

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Employee Benefits

MARCH 8, 2022

The Wealth at Work group – a leading financial wellbeing and retirement specialist has acquired Death by Design Limited (DBD Digital), a technology firm based in Alderley Edge, Cheshire who have worked with the group for over a decade, purposefully designing a range of bespoke technology systems and delivering marketing services.

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cipHR

AUGUST 4, 2020

Over recent years, the rise of technology and automation has impacted organisations and people in many ways. Employees can be auto enrolled for pensions, substantially reducing the amount of time you need to spend on pensions administration. million people in Britain are at risk of losing their jobs to automation.

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Employee Benefits

JULY 10, 2023

Technology has transformed the way employees interact with their benefits, enabling much greater engagement. Several different types of benefit technology are available. Benefits professionals should also look to HR technology, bringing in data from employee surveys, payroll and offboarding for deeper insight.”

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Employee Benefits

JANUARY 24, 2024

Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. Glenn Cameron, investment consultant at actuarial and pension specialists Cartwright, believes one of the currencies, Bitcoin, will become mainstream.

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Achievers

OCTOBER 27, 2014

In one story from 1923, Heineken became one of the first Dutch companies to establish a non-contributory pension fund for its employees. All the fancy tools and technologies are great, but so often they aren’t people centric. Technology, tools, platforms—whatever you want to call them—are enablers.

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HR Digest

JULY 18, 2024

In this particular case, the Senate’s Health, Education, Labor and Pensions (HELP) committee launched a yearlong investigation into Amazon’s warehouse conditions and investigated the link between Amazon Prime Day Sale and worker injuries.

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Employee Benefits

JUNE 28, 2024

The technology firm surveyed 250 full-time employees and HR leaders between the ages of 18 and 65 for its 2024 State of employee financial wellness report. It found that while 95% of employers believe they have a responsibility to support financial wellbeing, only 36% of employees feel completely financially stable.

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LACE Partners

FEBRUARY 24, 2023

You often had a bar or sports facilities on site, socialised mainly with your colleagues, and the company gave you a final salary pension equivalent to pretty much your entire annual salary at retirement as a thank you for devoting your career to them. This created two angles that I think have since been lost. Pensions are now far smaller.

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LACE Partners

AUGUST 13, 2021

Our partners Applaud recently launched a whitepaper entitled ‘ The Future of HR: Employee experience fuelled by consumer-grade technology’ and in the latest HR on the Offensive Podcast Chris and Luka spoke to Jordan Robinson about some of the key themes. . So as an employee where do you go?

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