Should you care about your employees’ financial wellbeing?
Posted on 20th June 2019
The short answer is yes. Why? In summary we think this is an important subset of overall mental health and wellbeing and one directly linked to productivity and engagement. Firstly, what do we mean by ‘financial wellbeing’? It is certainly not a case of employers crossing the red line into employee’s personal finances or making value judgments about how employees…
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Automatic Enrolment: is this the last contribution increase?
Posted on 14th February 2019
As pension advisers we get asked a lot by our employer clients if this April’s increases in statutory pension contribution levels will be the last, or whether there are more increases on the way. We can say for sure that there are no scheduled increases on the statute books at the current time. The existing policy framework only ever…
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How best to communicate the upcoming increases in workplace contributions to employees (in a positive light)
Posted on 14th February 2019
Auto-enrolment has introduced over 10 million people to saving into a workplace pension for the first time, and employees have been gently eased into saving with low contribution levels. However, as the April 2019 increases are the highest yet, it’s important to ensure employees understand the benefits of their contributions going up to ensure opt out rates are kept low.
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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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