Employee Benefits

UK - BT and its staff will make tax and NI savings of around £20m over the next year from a pension salary sacrifice scheme.

UK - Consultants are urging the government to remove limited price indexation for defined benefit schemes to create a "level playing field" for all forms of pension provision.

UK - Voluntary benefits are an ideal introduction to setting up a full flexible benefits package, delegates were told.

UK - Over half of FTSE350 firms have plans to integrate their pension schemes into a wider flexible benefits programme, a new survey shows.

UK - The Local Government Pension Scheme must evolve to meet the "critical" challenges ahead, a minister at the Office of the Deputy Prime Minister told delegates.

UK - A good benefits package has become a bigger attraction than a high salary, conference delegates were told.

UK - As life expectancy rises and birth rates decline, an increase in the retirement age will inevitably rise, according to Mercer.

UK - Management must make more effort to communicate the value of employee benefits or risk low productivity among staff, Towers Perrin claims.

UK - Company moves to cut unplanned absences through the non-payment of sick pay could backfire, Mercer Human Resource Consulting warns.

UK - Fund management software provider DST has launched a fixed income attribution solution which analyses the performance of bond funds.