Jonathan Watts-Lay explains why financial education is now more essential than ever and how it can enhance the benefits offering.
In these challenging economic times, with the introduction of many new regulations, employers and employees are feeling somewhat overwhelmed. Whether it is the introduction of auto-enrolment, the removal of the default retirement age (DRA) or options at retirement, the various considerations are...
Changes to employment law have been condemned as “counter-productive” by the CBI.
The boost of the National Minimum Wage (NMW), the abolition of the default retirement age (DRA) and the introduction of Agency Workers Regulations (AWR) all come into force from 1 October and...
The number of workers who are older than the normal retirement age has dramatically increased in the past 20 years.
According to a Trades Union Congress (TUC) analysis the proportion of over 64-year-olds in work rose to nine per cent by December 2010, compared to only 5.5 per cent in April...
Senior executives will continue to work past the age of 65 to 69, according to more than one-half of headhunters in a recent survey.
Research from InterExec has shown that 51 per cent of senior executives are expected to stay in employment beyond the State Pension Age. It also revealed...
Employers have been warned to make changes to their group income protection policies following the demise of the default retirement age and the increase in State Pension Age (SPA).
Legal & General has suggested that organisations could be left in financial difficulties if they do...
Employers are concerned about the impact of new employment law legislation and believe that it will curb economic growth.
More than two-thirds of employers surveyed by law firm Freshfields Bruckhaus Deringer fear that job creation will be hampered over the next 12 months because of new...
From 6 April 2011, transitional arrangements for the default retirement age (DRA) have been in place, and a complete phase-out will take place on 1 October 2011.
After 6 April, employers will no longer be able to issue notifications of retirement under the current statutory procedure...
Concerns about the abolition of the default retirement age (DRA) may be unfounded.
According to research from Creditsafe, there are currently 360,000 UK directors who are over the age of 65. This suggests that concerns over the removal of the DRA are unsupported. The findings showed that more...
