Recent overseas data has highlighted that indebtedness will play an increasingly important role in retirees’ needs . Personal debt creates a ‘blindspot’ in the method used for determining an adequate retirement. The article goes on to say that: ‘Adequacy [..]
October 2015 marks the three-year anniversary since automatic enrolment launched in the UK, and the country’s largest employers enrolled eligible staff into a pension. It seems like only yesterday, and time certainly has ‘flown by’. A lot has been made of [..]
The results from the research carried out by The National Association of Pension Funds (NAPF) – four months after the government brought in the pension freedoms and choice – provided no surprise. The industry always knew it would face an uphill task and the new [..]
Bankhall has agreed an exclusive partnership to promote our Parent Company, Foster Denovo’s new online service Mybenefitsatwork to its 1,600 member firms. The service enables employers of all sizes to communicate their employee benefits to staff through an [..]
When it comes to communicating financial matters to the workforce, many employers rely on emails and employee intranets – updating staff with details relating to their benefits packages. Financial education in the workplace is a pretty new phenomenon, yet I’d [..]
HR Grapevine spoke exclusively with Claire Souter, Head of HR at Foster Denovo (Secondsight's Parent Company), to discuss flexible working and how we support staff in their out of work passions This Saturday, Sally Read-Cayton won the 400m at the World [..]
It’s sad to read news articles like the recent one with reports from The City of London Police, stating that the amount of money being scammed from retirees trebled in May. Following on from the pension freedom, I am not surprised to read this – it presented [..]
By Darren Laverty, Sales and Marketing Director at Foster Denovo It seems that the trend for opting for income drawdown policies for those aged over 55 has increased since the onset of the pensions freedom in April of this year – according to the Association of [..]
The technology firm opted to revamp its financial education programme and introduce pensions advice to counteract the challenges surrounding the ageing workforce. To highlight the importance of the programme, which is provided by Secondsight, Oracle introduced a [..]
By Darren Laverty, Sales and Marketing Director at Foster Denovo The Budget almost feels like a small ‘thank you’ to those who voted for the Conservatives in the General Election. A not insignificant pay rise for lower paid workers who could be £89 per [..]
By Darren Laverty, Sales and Marketing Director at Foster Denovo Since the pension changes came in to effect on the 6th April 2015, there has been much speculation of how much money consumers will be taking from their pension pots. Whilst many will see access [..]
Mark Bingham discusses the importance of looking at all aspects of group risk and how savings in one area could fund another benefit, such as critical illness cover. Mark also discusses the importance of communication and why employers should be helping their [..]
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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
