A “beefed-up” Pensions Regulator on the horizon?
Posted on 26th October 2016
The Pensions Regulator is looking to gain more power to deal with the problem of final salary schemes being vastly underfunded and, in the case of BHS, going into the Pension Protection Fund (PPF). In recent evidence to a Parliamentary inquiry, the Regulator set out its desire to have a greater role in investigating high-risk schemes and to run more…
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The Ink Group agrees Private Medical Insurance deal with AXA PPP
Posted on 26th October 2016
The Ink Group is delighted to announce a new strategic partnership with AXA PPP Healthcare, one of the leading Private Medical Insurance providers in the UK. AXA PPP will act as the default provider for new schemes brought to the UK market by Ink, as well as the default benchmark for existing insured schemes. Whilst Ink Employee Benefits Ltd remains…
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Family Leave: don’t let a friendly policy backfire
Posted on 17th October 2016
Poor old Network Rail. Once upon a time it championed the cause of the working mother and, to prove it, paid significantly over and above the statutory level for maternity pay. And then came Shared Parental Leave: a vehicle designed in some respects to redress the gender imbalance of child-caring and to enable professional mothers a quicker return to work…
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First Aid – it’s more than a tick in the box
Posted on 9th September 2016
We sent our Account Manager, Agnieszka, on a refresher First Aid course recently and asked her what she thought of the experience. Was it just a process to be got through? Was it just a tick in the box? Not at all! Here’s what she told us when we asked her more about it … Q: What’s the most significant…
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Commission is dead, long live commission!
Posted on 7th September 2016
From April 2016, workplace pensions no longer pay commission to advisers. This means corporate advisers have had to negotiate fees with their clients to manage their company pension scheme. With the advent of Auto Enrolment, and the automatic process of enrolling employees, the role of the adviser can seem surplus to requirements. New employees no longer need to be “signed…
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Employee Benefits for High Earners
Posted on 2nd September 2016
Employee Benefits for High Earners We are seeing increased demand from our clients to help them understand the range of options that they have for rewarding higher earners. For the purposes of this blog we’ll define a high earner as anyone who has reached, or will shortly reach, the Lifetime Allowance figure of £1m in their pension pot. This…
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Employee engagement and Generation Z?
Posted on 22nd June 2016
It was the year that Titanic won Best Picture at the Oscars, Tony Blair was settling in to no.10 and The Spice Girls, All Saints and Robbie Williams topped the charts. It was also the year that today’s college and school leavers were born. They are known as Generation Z – and they are starting to enter…
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It’s on my radar to think outside the box
Posted on 20th June 2016
Management speak is something that all of us in business are guilty of participating in every now and again. For some, it’s become their new language, whilst for others it can be a major turnoff. So, let’s run an idea up the flagpole and see who salutes – instead of having the traditional “swear jar”, why not have a “jargon…
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Is it all about the money, money, money?
Posted on 20th June 2016
It’s understandable that companies will throw cash at the problem of the disengaged employee. Here is someone who you believe is essential to your business. They are bright, hard working, and eminently capable. They have a good CV and, at interview, they did better than anyone else. So when this employee tells you that they don’t want to work for…
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The Performance Review – positive and valuable or a pain in the proverbial?
Posted on 26th May 2016
Let’s face it, most managers and employees look forward to conducting performance reviews about as much as a hole in the head. Why? A number of reasons come to mind: time pressures; fear of confrontation – feedback can be difficult to give as well as to take; a lack of belief in what they actually achieve, and so on. In…
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