Have you lost something?
Did you know that it has been estimated there could be about 2.8 million lost or forgotten pension pots out there, worth an average of £9,500 each– over £26.6 billion in total. As many as 1 in 20 people could have lost a pension – so it could be you! It can easily happen if you haven’t updated your address details […]
Keeping up with the Joneses
The Oxford Dictionary definition of ‘Keeping up with the Joneses’ is ‘try to emulate or not be outdone by one’s neighbours’. When relating this famous phrase to the recruitment and retention of talent within the workplace arena, this often used saying could not be more accurate. As an employer, what are the things that differentiate […]
Communication is Key
Employers invest significant sums on benefits such as Workplace Pension, Private Medical Insurance and Group Risk Insurances. It is therefore vital that staff understand and more importantly appreciate the value of these benefits. GRiD (the industry body for the group risk sector) has carried out some new research1 which shows that 42% of employees don’t […]
International Women’s Day – Why just one day and what did we learn?
International Women’s Day was a global day celebrating the social, economic, cultural, and political achievements of women. Many facts and figures were issued on this day, but they apply to women all year round. Here are some highlights looking specifically at some financial implications for women. Pensions It was published in January 2022 by the […]
Are your staff taking advantage of added value benefits?
When we talk about employee benefits, many of the insurance policies employers put in place for their staff ultimately provide financial protection or cover for health related conditions. However, the modern employee benefit scheme includes lots of valuable additional benefits and resources at no additional cost, which employees can use at any time and without […]
How do I view my pension information online?
Most people in the UK these days tend to have online access for their bank accounts which we can see via a desktop PC, tablet or mobile phone. This is access is really useful as it allows us to track our own money and understand in an instant, what funds we have. Although slow to […]
How Long is a Piece of String?
Richard Grover discusses how current experience could be a good way to consider what you need for a comfortable retirement.
The Impact of Presenteeism at Work
When employers think about employee wellbeing, they often think about employee sickness absence and how to manage and reduce this. However, research demonstrates that presenteeism is just as big a risk to businesses. What is presenteeism? Presenteeism is when employees come to work but experience decreased productivity and quality of work due to health problems. […]
Making the Most of Your Employee Assistance Program
Making the Most of Your Employee Assistance Program October saw World Mental Health Day which certainly helps raise awareness. Clearly, we should all be giving this subject thought on a regular basis and not wait for these annual reminders. One resource employers’ can rely on are Employee Assistance Programs (EAPs). This invaluable support mechanism is […]
Losing the Pension Pot?
The Office for National Statistics (ONS) released its annual survey of occupational pension schemes in June 2019 and this identified some interesting trends in relation to Workplace Pensions. One of the key statistics that instantly jumped out at me, was a surge in the number of dormant pensions in recent years. Since auto enrolment was […]