Pay rises ‘stagnate’ as costs squeeze employers
UK pay rises “stagnated” in the third quarter of 2024, remaining at 4 percent, while forecasts for 2025 point to lower pay awards of 3 percent, data from Brightmine...
Read moreDetailsUK pay rises “stagnated” in the third quarter of 2024, remaining at 4 percent, while forecasts for 2025 point to lower pay awards of 3 percent, data from Brightmine...
Read moreDetailsUK women are retiring seven years later, on average, than they did 30 years ago, signalling “dramatic shifts” in how people approach work. The study from longevity think tank...
Read moreDetailsThree quarters of employers (76 percent) are communicating with staff more frequently about the benefits they offer, but only half of businesses (53 percent) think their workers have a...
Read moreDetailsResearch has found that 18 percent of employers fail to encourage workers to use their employee benefits. These employers leave it to employees to initiate the use of benefits...
Read moreDetailsHR and payroll provider Ciphr has expanded into employee benefits and wellbeing, with the purchase of reward and benefits platform Avantus, the firm’s third acquisition in 18 months. CEO...
Read moreDetailsAlmost one in five (19 percent) employees do not know how much they or their employer are paying into their pension, a survey has found. This lack of awareness...
Read moreDetailsStandard Life has appointed Alexa Mitterhuber to its defined benefit pension (DB) de-risking team as director of DB solutions. DB pension plans promise employees a specific retirement income, often...
Read moreDetailsEmployers may be required to name a dedicated executive that is responsible for staff retirement outcomes, a treasury consultation has said. The government has raised concerns that workplace pensions...
Read moreDetailsPension providers Aegon UK and Natwest Cushon are backing the government’s British Growth Partnership (BGP) to give workplace savers access to innovative investment opportunities that could boost pension pots....
Read moreDetailsThe treasury has unveiled plans to boost pension pots for savers and potentially unlock billions in investment by dramatically reshaping the UK’s pensions landscape. Under the reforms, “pension megafunds”...
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