After almost two years of pent-up frustration among employees, as a result of a stagnant jobs market throughout the Covid-19 (Coronavirus) pandemic, the so-called ‘Great Resignation’ is underway. And, although pay is an important consideration in any job [..]
For most people, their job is a big part of their day to day lives with much of their time being spent working. Because of this, some of the life events people experience throughout their lives, good or bad, might have an impact on how they perform at work. These [..]
Welcome to our latest edition. Inside this issue, the unique combination of tax breaks and flexible access available to pensions makes them a compelling choice when saving for retirement. On page 08 we look at one of the key benefits of saving into a pension rather [..]
2020 was a difficult year for many employees. From suffering with their mental and physical health through to family and financial stresses. For some, it was difficult to see a light at the end of the Covid-19 tunnel. There were some employees and their families who [..]
88% of eligible employees (19.2million) participated in a workplace pension in 2019 an increase from 87% in 2018, according to research by the Department for Work and Pensions (DWP). Partner at Secondsight, Darren Laverty, talks to Employee Benefits about how [..]
Speaking to Employee Benefits, Matthew Mitten, Partner at Secondsight, talks about the impact of the Covid-19 on retirement savings. Employees may have seen a downturn in the value of their pensions investments and may feel apprehensive about their performance [..]
Money is still somewhat of a taboo subject and even talking about it with your family and friends can be difficult. That’s why, Talk Money, Talk Pensions Week is designed to get people to do just that, talk about money. Running from 18th – 22nd November, the [..]
Wealth & Finance International selected Secondsight as the ‘Most Outstanding Workplace Pension Adviser 2019 – UK’ in the Global Business Excellence Awards. This award highlights the strength of Secondsight’s influence within the industry and the [..]
Auto-enrolment’s success, as well as charge caps and other costs controls, have given pensions a much needed confidence boost as we've seen a gradual improvement in the reputation of pensions among the general public. But more still needs to be done. Ian Bird, [..]
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 [..]
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. [..]
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 [..]
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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
