Report finds shift in employer attitudes towards DC schemes over last five years
Many traditional flexible benefit schemes have become complex and unwieldy. Nick Martindale looks at how providers are evolving to simplify products and better meet employee needs.
The entry deadline for the Workplace Savings & Benefits Awards 2019 is Thursday 9th May.
Paul McGlone says let's start with the basics, re-unite members with their DB schemes, and provide some very basic information
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Nearly half of UK employees surveyed did not take a sick day in 2017.
Some 88% of employers are concerned about the financial issues their employees are struggling with, but only half have a wellbeing strategy, according to research.
Almost seven out of ten (68%) of employers report employee stress and mental health-related illness, Aon Employee Benefits research reveals.
Aon has acquired Portus Consulting as part of wider plans to grow its UK employee benefits business both organically and through acquisition.
Workplace pensions should be supplemented with other savings vehicles if employees are to save adequately for retirement according to an industry panel.