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Employee Benefits News

Latest News
03 May 2018 Auto-enrolment reaches 1 million employer mark

More than one million UK employers are now meeting their automatic enrolment duties, according to figures from The Pensions Regulator. It means that around 9.3 million people are saving into a workplace pension. Under auto-enrolment, employers are required to enrol their eligible w...

03 May 2018 Company pension schemes seen as most important benefit

Employees value their company pension scheme above all other workplace benefits, according to new research from Jobsite. The online job board questioned 500 UK employees, revealing that they consider a pension scheme to be more important than a bonus or private healthcare. More tha...

24 Apr 2018 Employees with flexible benefits more likely to be happy with their benefits

Just two-fifths (40%) of UK workers are satisfied with the benefits package offered by their employer and feel it meets their needs, according to research by Willis Towers Watson. In contrast, almost two thirds (61%) of employers believe employees are happy with their benefits package.

20 Apr 2018 Most savers will stick with auto enrolment pension when contributions rise

Four out of five people with a workplace pension say they will continue to save when auto enrolment contributions rise. In a survey conducted by NOW: Pensions, 84% of auto-enrolled savers said they will accept the increase and have no plans to opt out of the pension scheme. Startin...

09 Apr 2018 Report says all new jobs should be advertised as flexible

Working dads are currently being failed by workplace policies on flexible working and parental leave, according to Fathers in the Workplace, a new report from the House of Commons Women and Equalities Committee. Members of the committee urged the UK government to reform workplace policies...

26 Mar 2018 44% of employers offer pre-retirement seminars

UK employers are offering a variety of services to help their employees prepare financially for retirement, according to research by Aon Employee Benefits. Pre-retirement seminars to help workers plan for retirement are the most popular form of support, provided by 44% of firms surveyed f...

19 Mar 2018 Auto-enrolment pension pots could grow by 30% this year as contributions rise

Upcoming increases in workplace pension contributions will provide a huge boost to pension pots, according to a new analysis from Aviva. Under the rules for auto-enrolment pensions, contribution rates will increase next month from a total of 2% of qualifying earnings to 5%. Another increa...

12 Mar 2018 Employee benefits should be extended to apprentices, says industry body

Employers can use employee benefits to help ensure their apprentices are treated equally, says Group Risk Development (GRiD), the trade body that represents the group risk industry. Under government rules on employing apprentices, they must be offered the same conditions as other employee...

05 Mar 2018 Women more likely to opt out of workplace pensions

Women of all ages are more likely to opt out of workplace pension saving compared with men, new research suggests. An analysis of NOW Pensions´ members at the end of 2017 revealed that nearly one in ten women (9%) had opted out, compared to 7% of men. Women are increasingly l...

26 Feb 2018 More employers supporting employee mental health

UK employers are increasingly investing in proactive initiatives to tackle mental health and stress, according to research by Aon Employee Benefits, the UK health and benefits business of Aon. Mental health first aid training is among the initiatives being adopted. This teaches managers a...

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