Employee Benefits

UK - Corporate car schemes are losing their appeal, Mercer Human Resource Consulting claims.

UK - More than half of all employers have closed their final salary pension schemes to new members and 15% have raised their retirement age, a new survey shows.

EUROPE - German politicians have reacted angrily to Commerzbank's announcement that it is to close its company pension scheme.

UK - Royal Mail is taking a leading position in a government drive to help improve workers' computer skills.

UK - Mercer Human Resource Consulting is holding a seminar next month on difficulties employers face when they move from final salary pension provision.

UK - Employers are increasingly turning to flexible benefit packages in a bid to maintain and recruit staff, research by Hewitt Bacon & Woodrow reveals.

UK - Poor advice has cost thousands of scheme members higher retirement incomes, Tillinghast-Towers Perrin claims.

UK - Publisher DC Thomson has taken a pension contribution holiday despite a fall of £108m in the value of its scheme's assets.

UK - Mercer Human Resource Consulting has confirmed up to 135 redundancies within its pension administration and consulting practices.

UK - The National Association of Pension Funds has released a new guide to workplace pensions.