UK - Architect Skidmore Owings & Merrill has managed to keep pensions and benefits administration costs static despite experiencing a third increase in staffing numbers.
The move follows the implementation of a new online employee benefits system by specialists 4th Contact.
SOM associate director Graham Wiseman said: “We could double in size and we still wouldn’t need to change the resources in administering benefits.”
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point