At a time of low unemployment, high turnover, skills shortages and largely stagnant pay, employers are challenged to make much more of what they have, particularly with regards to benefits – a huge area of spend for...
Scheme-specific benchmarks can give employers and trustees a false sense of comfort whereas industrywide comparisons can build broader understanding of performance, said delegates at a recent Corporate Adviser debate on investment strategy....
Group risk support services benefit both employers and employees, and while bosses and staff appreciate different characteristics of group risk products, both may value them as much as the insurance component, agreed...
As employers increase their focus on employee wellbeing and look for a return on their investment to achieve it, the importance of support services in group risk products is arguably beginning to...
Some argue that employee benefits consultants that turn a blind eye to the potential opportunities of expanding into areas such as business protection, group personal accident (PA) cover and Unum’s sick pay insurance...
It will be several months before the Pension Regulator announces the final list of authorised master trusts. But this ongoing process is already driving significant change within the sector. Technology will play...
Radical change, at least within the financial services sector, tends to happen slowly, and is often the response to external pressure being applied elsewhere. This is particularly true when it comes to the...
UK pension schemes now have a new tool to use in their assessment of the value delivered by their asset managers. At the end of last month, the Cost Transparency Initiative (CTI) unveiled...
Financial wellbeing is the latest aspect of employees’ health to come under the spotlight, with more and more organisations looking to improve their workforces’ money skills. But, with finances a very personal matter,...
The Pensions Regulator has proved itself to be a flexible regulator, at least when it comes to the onerous area of master trust authorisation. Master trusts had been given until 31 March 2019...
