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Employee Benefits News

Latest News
14 Aug 2018 Nine in ten employers offer death-in-service benefits

June 25, 2018 Almost nine in ten (89%) employers offer death-in-service benefits and the average company pays out between one and two years´ salary, according to research by Direct Line Life Insurance.This amounts to between £27,600 and £55,200, and — while the payout is a welc...

14 Aug 2018 UK workers prepared to pay more into workplace pension

June 18, 2018 Workers in the UK have embraced auto enrolment and would be happy to pay more than double the current default rate of pension savings, according to a global study by pensions and investment firm Aegon.Auto enrolment has been successful in ensuring millions of people are sav...

10 Aug 2018 Half of firms planning pay rises of over 2% this year

August 9, 2018 Many employees will see an increase in their total pay this year, according to a survey by the British Chambers of Commerce (BCC) and online recruitment company Indeed.The survey of 1,020 UK businesses of all sizes and sectors found that 6% of firms will increase pay by mo...

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...

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