Introduce Workplace Pension Salary Exchange and save an average of £7,015 p/a
Posted on 2nd October 2018
Auto Enrolment has ushered in a new era of workplace-based saving. In our view it’s been a resounding success – boosting both the number of people engaging in long term savings and the average amount of annual saving per employee. Throw in a dramatic increase in employer participation and improved pension awareness nationally and the results really are quite stunning.
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Workplace Pension Clinics – Ink achieves a Net Promoter Score of 9.46/10!
Posted on 18th September 2018
At Ink we have always been passionate about operating at member level to connect with individuals and improve their understanding and engagement with Workplace Pensions. It is our strongly held view that employers who invest in the promotion of their schemes, especially when they have generous employer contributions, reap rewards through improved retention and productivity. First things first: We…
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Ink launches its inaugural White Paper – Investing in Pensions, Investing in People
Posted on 29th June 2018
The Ink Group are pleased to announce the publication of our inaugural White Paper: ‘Investing in Pensions, Investing in People – The role of Workplace Pensions in boosting employee wellbeing and productivity’. To summarise, our White Paper is written for anyone involved in the running of Workplace Pensions. Our focus is on: Exploring the challenges facing the…
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How will you be preparing your employees for an increase in their pension contributions?
Posted on 8th February 2018
Why are pension contributions increasing? Automatic enrolment has been successful in getting millions more people saving into pensions. Over 8 million people are now in a workplace pension as a result of auto-enrolment. However, the contribution levels that the government set for both the employer and employee were always intended to increase over time. This is because the starting level of…
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Income Protection – unjustly unloved and underused
Posted on 21st November 2017
Income Protection – At Ink, we think it’s a great benefit to provide to staff. However, it seems to be one of the least understood by both employer and employee – but why? What is Income Protection? Basically, it’s an insurance policy. It pays out when an employee is sick or absent from work for longer than 6 months. The…
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Save employees up to £200/year on their everyday shopping with Ink Rewards
Posted on 9th November 2017
When buying Christmas presents this year, an increasing number of us will do this through a smartphone or tablet rather than trekking around the streets of our nearest city centre. It would seem that, in the battle of “bricks vs. clicks”, the clicks are winning. With around £133 billion being spent online with UK retailers last year, everything from your…
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Group Life Assurance – the unsung hero of your benefits package
Posted on 27th June 2017
Many employers offer Group Life Assurance, or Death in Service as it is often known, but how many of your staff really appreciate what it provides? No-one likes to think of losing a co-worker, but if the worst does happen then having Group Life Assurance means you are able to look after the family of your colleague and reflect…
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Employees who are taking benefits from a pension but still contributing to your scheme – beware of HMRC!
Posted on 10th April 2017
The beginning of a new tax year always brings changes to the financial world. In April 2015, the new Pension Freedoms opened the door to everyone to be able to take their pension flexibly. The evidence has been clear – most people are now choosing not to purchase an annuity, and instead are accessing their pension via flex-access drawdown or…
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Do you know how your workplace pension is performing?
Posted on 20th January 2017
You’ve already complied with your auto-enrolment duties and your pension scheme is running smoothly. However, do you know how the pension is performing? Is the provider you chose for your workplace pension thriving in the market, or slipping down the rankings? If it’s a Master Trust, how will the new criteria set out in the Pension Schemes Bill affect it?…
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Do you offer a Group Income Protection scheme? Changes to Employment & Support Allowance could affect it.
Posted on 22nd December 2016
In April 2017, changes are being made to Employment and Support Allowance (ESA). The knock-on impact for Group Income Protection schemes could mean premium increases for employers offering this benefit. At the moment, ESA is paid by the State to people who are unable to work because of illness or injury. There are two rates of ESA: the Work Related…
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