More employers are recognising the importance of supporting employees’ financial wellbeing in the workplace with education programmes. Financial education is a benefit that is both valued by employees and valuable to the employer in the sense that employees are [..]
The financial services profession witnessed a real flurry of people keen to take advantage of this new freedom from the outset; people who had – undoubtedly – been waiting. But this high demand soon fizzled out and many have become stuck in a catch 22 [..]
Those who attend Employee Benefits Connect 2016 can gain insight into how employee benefits could potentially harm employee’s financial wellbeing, as well as the measures that can be taken to address this, in a session led by Darren Laverty, Partner at [..]
Many CEOs will be aware of the radical changes to pension schemes that come into force from 6th April 2016. However, under the new legislation other high earners in their organisation such as senior management and directors, could also be affected and could end up [..]
There have been some radical changes to pensions in recent years and in April 2016 further changes will be introduced by government that could leave high earners with unexpected tax bills of up to £13,500. From 6th April 2016, the annual allowance will be tapered [..]
A prosperous retirement is the product of careful planning On the 6th April new pension changes takes effect. It brings in legislation which may have a material impact on the pension plans of the nation’s highest earners, directors and senior management. [..]
On 6th April the Finance Act 2015 takes effect. It brings in legislation which may have a material impact on the pension plans of the nation’s highest earners, directors and senior management. Equally, it also poses a threat to the final pension value for some [..]
Secondsight partner Matthew Mitten says the firm’s strategy of demonstrating value has been a major factor in getting to a position of not having lost a single client in the transition to the RDR-compliant world. The transition from commission to a post-RDR world [..]
Research undertaken in 2014 by Secondsight found that 67% of the working population receive no financial education from their employers. Only 20% of employees had a coherent financial plan and a third claimed to have only a vague idea about money management. Half [..]
Recent research published by The Open University Business School and Share Radio – highlighted the fact that two thirds of UK employees have never received financial education. The research also found that, while four in five (81%) employees want personal [..]
Upcoming pension tax changes could reduce millions of people’s retirement savings by tens of thousands of pounds. Darren Laverty, Partner at Secondsight, says 'Taking into account an annual growth rate of 5 per cent, any individual with a fund currently worth [..]
Radical changes to pension schemes being introduced by government from 6th April 2016 could leave high earners with unexpected and unwanted tax bills of up to £13,500 warns Secondsight. From 6th April 2016, the annual allowance will be tapered from £40,000 for [..]
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We've thoroughly enjoyed our introduction to Secondsight. The whole team is exemplary in their commitment to providing excellent and efficient service and we wouldn't hesitate to recommend them to other law firms or professional services firms seeking a refreshing approach to managing their employee benefits. We are looking forward to continuing our relationship with the business over the coming years.
Caroline Stevens, Director, Crowell & Moring
The ideas and connections Secondsight have brought to Epson, and our local HR team, have been invaluable and meant we have set new financial benefits and wellbeing solutions in place that we would simply not have done before.
Stuart Chalmers, HR Manager UK, Ireland and Nordics, Epson Europe
The world of pensions can be quite grey but you always bring a huge amount of colour to it. I have never been so engaged with pensions and neither have our employees. I would highly recommend you and your team.
Alison Field, Group HR Director, Briggs Equipment
Communication and employee word of mouth have been key to its success to date. We truly believe that the financial education programme is an excellent investment - both in terms of time and money.
Rick Hewitt, Finance Director and Board member at Ricoh
A* customer service and assistance. Nothing is too much trouble.
Jane Howard, Payroll and Rewards Officer, Yazaki Europe
Over the last three years, this team has been proactive and efficient, highly knowledgeable plus friendly and easy to deal with.
David Barry, HR Manager, Manufacturing Technology Centre
Secondsight were very knowledgeable and supportive for staff throughout the process of discussions around the TPS, providing clear information and one to one support for staff that required further detail.
The team at Secondsight also helped set up an alternate solution, enabling an easy and effective transition to the new provider. They were very much instrumental in the success of the whole process.
Director of Finance and Operations/Clerk to the Governors, Shrewsbury House School Trust Limited
Secondsight has been working with us for more than a decade. We greatly value the consultancy support provided, in that it serves to guide us through the oft complex nature of pensions.
Throughout our relationship, Secondsight has proven reassuring, comprehensive and professional. This has enabled us to take prompt and effective action where required.
We have also welcomed their support in ensuring that our member communication is clear and informative. We commend them for service they offer.
Bursar, Lord Wandsworth College
