Employee Benefits

The 2014 Pension Schemes Bill, which will provide the legislative framework for arrangements that share risk between scheme members and sponsors, has been laid before parliament.

The majority of people approaching retirement want to get their guaranteed guidance from financial advisers or established consumer organisations not pension providers, research shows.

The majority of employees have "unrealistic plans" to survive financially should they find themselves long-term sick, Group Risk Development (Grid) has warned.

Multinational companies are still at the early stages of developing their global benefits strategy and management approach.

Control over costs is overwhelmingly the reason global companies use multinational pooling, with 80% citing it as the prime reason the schemes are in place.

Skeptical finance teams will be looking for double counting of cost savings when scrutinizing scheme business cases, benefits professionals are being warned.

The Department for Work and Pensions (DWP) is standing-by its estimates that there are enough occupational health trained workers to fully staff the new Health and Work Service.

The exact terms of the tax relief for employer funded return to work interventions are still being hammered out between HM Revenue and Customs (HMRC) and the Department for Work and Pensions (DWP).

Over a quarter of employees say their working environment promotes stress, according to Canada Life research, which reveals the extent to which workplaces can adversely impact health and wellbeing.

Two in five full-time workers want to work flexibly now, research reveals, but many managers are not advertising the opportunity to work flexibly early enough in the application process.