Employees could be given the power to choose their own pension provider in a move that could see the end of staff having to close one pension down and start a new one every time they change jobs. A Ten Minute Rule Bill will be read in parliament and proposes to [..]
Many workplace pension schemes have a default investment strategy known as “lifestyling”. Lifestyle investment options are designed to make it easy to save for retirement. As your retirement date draws closer, pension savings are gradually and automatically [..]
A pension is the employee benefit that workforces value the most, according to the results of a survey carried out by benefits consultancy Punter Southall Aspire with the Chartered Institute of Personnel and Development (CIPD) between December 2022 and January 2023. [..]
Most people save for their retirement through their workplace pension scheme, which is designed to substantially back up a not particularly generous state pension. But as inflation bites and ordinary bills go through the roof, some people are wondering if [..]
Workplace pensions are now an important part of people's employment. In 2012, the introduction of auto enrolment meant contributions to workplace pensions increased significantly and in 2020, 19.4 million1 employees were participating in a workplace pension. But, [..]
Under a quarter (23 per cent) of people in a workplace pension are aware of their ESG-related options despite an increased interest in sustainability, a new report from Secondsight has revealed. The report, Workplace pensions and ESG, of 1,000 UK investors, [..]
Only a quarter (23%) of employees are aware of environmental, social and governance (ESG) options when it comes to their workplace pension, according to research from employee benefits, wellness and financial education provider Secondsight. In the report, [..]
Pensions have a long history in the UK and go back decades. However, the pensions we know today are significantly different to those over a century ago, with many changes having been implemented over this time. These include the launch of the State Earnings Related [..]
By Ian Bird It’s fair to say that since automatic enrolment came into force in 2012, it has positively impacted people’s plans for retirement and encouraged even more people to save for their future. However, as an employer, have you considered [..]
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 [..]
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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
