Employee Benefits

Siemens staff will not receive a payout from the employee profit share scheme this year after the company failed to overachieve on its performance targets.

Mercer has launched an occupational scheme that allows members to divide combined employer and employee contributions between their pension and a general savings plan.

Aegon Scottish Equitable has hailed the success of the support service it provides to group critical illness customers.

SENIOR EXECUTIVES in the pensions industry are missing opportunities to use new online resources, a study has found.

Mercer has set up an office in Dubai, to serve as its Middle East operations hub.

Flexible benefits have hit pension provision and money-purchase scheme members are losing out because trustees spend too much time on governance, Oval Financial Services claims.

Mercer has launched a "broader" saving scheme which gives staff the chance to divide their combined employer and employee contributions between their pension and a general savings plan.

INCLUDING: US - PBGC names chief financial officer; UK - Mercer reveals new approach to pensions and savings; UK - Resolution reports record sales

FRANCE - Transport systems returned to normal as striking rail workers returned to work today, while unions remained divided over the success of the industrial action.

GLOBAL - Qantas has reached an ‘in principle' agreement with the Australian Services Union over pay, conditions and superannuation contributions.