Employee Benefits
WSB Awards 2018 - The finalists
Here they are. The finalist lists for the WSB Awards 2018.
Number of strokes in the workplace set to rise
Employers must take action as the number of strokes affecting employees may rise as the working population gets older, RedArc says.
Group risk industry posts 8% rise in claims during 2017; Cancer and mental health main causes of claims
A total of over £1.6bn was paid out by the group risk industry during 2017, a £120.5m increase on 2016, latest data from Group Risk Development (GRiD) shows.
Number covered by employer-sponsored group risk policies rises by 3.1% in 2017
The number of people covered by employer-sponsored group risk policies increased by 3.1% in 2017, Swiss Re's Group Watch 2018 reveals.
Improving workplace mental health
Mental health is a significant issue in the workplace. Nick Martindale takes a look at how a growing number of issues are recognising and tackling the challenge.
Scottish Widows launches drawdown fund range
Scottish Widows has launched a range four multi-asset funds targeted at those in income drawdown.
Over 750,000 scheme members at risk of passing pensions to the wrong person when they die
Hundreds of thousands of people coming up to retirement are at risk of their pension being given to an ex-partner when they die, Royal London research finds.
WSB Awards: Register to enter now!
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Augmented reality and VR will play a role in benefits communications
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.
Lloyds targets one million new pension clients by 2020
Plans to invest more than £3bn in strategic initiatives
Is it time for the care pension? Gov't urged to combine pensions with care cost insurance
The government has been urged to enable the creation of a new at-retirement product which would combine existing income drawdown arrangements with insurance against future care costs.
Asda petitioned by 2,000 workers over 'unfair' planned DC reforms
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
Taylor Review response 'offers prospect' of pensions for gig economy workers
Gig economy workers could become eligible for auto-enrolment pensions as result of a consultation launched by the government in response to the Taylor Review.
Willis Towers Watson: Existing health and wellbeing schemes 'not appealing' to employees
Health and wellbeing initiatives are failing to appeal to employees, with 70% of workers saying such programmes do not meet their needs, latest research from Willis Towers Watson reveals.
How we can get people to love pensions
Graham Vidler says government and industry have the perfect opportunity to deliver a consistent message about the value of saving for retirement
Employers boosting wellbeing spend in bid to tackle surge in employee stress and mental health issues
Almost seven out of ten (68%) of employers report employee stress and mental health-related illness, Aon Employee Benefits research reveals.
Allied Healthcare and Saga to offer savings product to staff
Allied Healthcare and Saga are set to offer a savings product to employees following a tie-up between Salary Finance and Yorkshire Building Society.
British Airways to close New Airways Pension Scheme to future accrual
British Airways is set to close the New Airways Pension Scheme to future accrual and launch a flexible benefits scheme incorporating a new defined contribution pension scheme.
Should salary sacrifice be extended to lower-paid workers?
There have been calls to extend salary exchange rules to lower-paid earners. However, Kim Kaveh finds it would be very complicated and could cause problems for members
Webinar: Maximising the value of group risk
WSB's webinar panel looks at how employers can ensure they are getting full value from their group risk products and assesses the non-financial benefits on offer.
UPDATED: Scottish Widows to buy Zurich's £15bn workplace pensions business
Lloyds Banking Group has agreed to acquire Zurich's UK workplace pensions and savings business, which has assets under administration of more than £15bn and around 500,000 customers.
How 'Save More Tomorrow' programmes work
Yesterday, Richard Thaler was awarded the Nobel Prize in Economics. Jonathan Stapleton takes a look at how his concept of 'Save More Tomorrow' can help firms increase employee pension savings and engagement
Government clarifies changes to salary sacrifice car schemes
The government has clarified its stance on salary sacrifice car schemes following confusion within the industry over the changes announced in last year's Autumn statement.
How DC fund charges will become more transparent
From 3 January next year, firms looking after DC members' money will need to comply with new disclosure requirements. James Phillips reports.
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