Almost half (48%) of UK companies do not believe the benefit programmes they have in place today will be fit for purpose in 2020, a report by the Economist Intelligence Unit reveals.
The Ministry of Justice (MoJ) is establishing a pension scheme for fee-paid judges to address the discriminatory remuneration treatment part-time judges have suffered in service since 2000.
The trustee of the Santander UK Group Pension Scheme has hired JLT Employee Benefits (JLT EB) for administration services across its defined contribution (DC) and defined benefit (DB) schemes.
Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority (FCA).
Two thirds of employers do not have any processes in place to measure the effectiveness of their benefit spend.