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Employee Benefits News

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13 Jan 2014 59% Of Young Britons Would Take Part In Salary Sacrifice Scheme

Over the past few years, the idea of salary sacrifice schemes has gained popularity among both employers and employees. The majority of Britons in their 20s are willing to join work salary saving schemes, with more than 40% stating they are prepared to save at least 2% of their earnings, accord...

11 Sep 2013 Bath Rugby link up with Fidelius

Bath Rugby are very pleased to announce a new partnership with wealth management and employee benefits firm Fidelius. Jim Grant, Fidelius Chief Executive, said: "Bath Rugby is one of the most famous brands in rugby with a rich heritage and it is a privilege and pleasure to be the Club's Official Financial Advisers. We very much look forward to working more closely with everyone there; the Foundation, Academy, the team at Farleigh and all the loyal supporters. The next few years are going to be very exciting for everyone involved with the Club and we are looking forward to seeing Bath Rugby progress on and off the pitch."

29 Jul 2013 Young Britons Have Unrealistic Expectations About Retirement Age

New research from insurer Aegon UK suggests that most Britons aged 25 or under believe they are going to retire at the age of 65, without realising that they may not be eligible for a state pension until much later. According to the Daily Telegraph, almost one in three young UK citizens...

28 Jan 2013 Only 13% Of Final Salary Schemes Open To New Members

Only 13% of final salary pension schemes at UK companies remained open to new members in 2012, which is down nearly a third from the percentage a year earlier, according to new data from the National Association of Pension Funds (NAPF). In 2011, 19% of final salary schemes were open to ...

24 Dec 2012 First Set Of Public Payment Services To Go Online By 2015

The Cabinet Office announced on Friday the first batch of public services that will become available online by 2015 in a move that is expected to result in annual savings of up to £1.2 billion by 2015, with the figure rising to £1.7 billion afterwards. Under its “digital-by-default�...

10 Dec 2012 Government To Cut Lifetime And Annual Allowance For Pension Savings

The government is to reduce the lifetime allowance and annual allowance for tax-free pension savings from the 2014/15 tax year, Chancellor George Osborne said as part of last Wednesday´s Autumn Statement. The lifetime allowance, which is the maximum pension saving one may have ove...

26 Nov 2012 Government Seeks To Improve Workplace Pensions

The UK Department for Work And Pensions last Thursday released a report called ‘Reinvigorating workplace pensions´, which lists measures designed to improve the workplace pensions system. As part of the measures, the government is examining ways to ease the regulatory burden on ...

13 Aug 2012 Employees Fail To Save For Pensions, Concerned Over Making Wrong Decisions

Nearly three in four people who are not in a workplace pension say they do not put enough aside because they do not want to make the wrong decision about saving for retirement, according to results from a new survey by the National Employment Savings Trust (NEST).

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