United Kingdom

News from Aon

The low-down on salary sacrifice changes

April 2017

As the government legislates for salary sacrifice changes, due to become law from 6 April 2017, Jeff Fox looks at what these changes are and how they’re likely to impact on employee benefits.

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Aon Benefits & Trends Survey says 55% of employers have seen an increase in stress and mental health related illnesses

April 2017

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), says that its annual Benefits and Trends Survey showed 55% of employers saw an increase in the number of stress and mental health related illnesses.

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The no-nonsense guide to implementing a successful health and wellbeing scheme

March 2017

We know that employees with a strong wellbeing are significantly more likely to be engaged at work, not to mention being generally healthier. Indeed, 92 per cent of UK employers polled for our 2016 EMEA Health survey saw a clear correlation between health and employee performance.

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Aon warns Budget changes are likely to impact all employers in at least one way

March 2017

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has said that the measures introduced in this year's Budget could create significant and costly changes for employers, unless they take urgent action.

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New retirees better off than working families

March 2017

A new generation of financially-secure retirees are driving income growth for a select few, new think tank analysis has revealed.

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Aon Benefit & Trends survey shows 90% of employers want to increase engagement in benefits, but only 36% have a communications strategy

February 2017

Among the survey's key findings are that the main objectives for implementing online for flexible benefits are to increase employee engagement (85%), employee choice (76%) and retention (67%). However, Aon warns that one of the lowest-rated objectives - governance (11%) - makes it difficult for employers to understand whether a scheme is fit for purpose or whether objectives are met.

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Financial stress linked to poor mental health

February 2017

There is a direct correlation between financial ill-health and mental health issues, the CIPD has said.

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Aon partners with SmarterInvestment and Unum to help employees invest in tax-efficient stocks & shares ISAs simply and wisely

February 2017

Aon Employee Benefits is to partner with SmarterInvestment and Unum to offer workplace ISAs.

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Scam guidance tool launched for consumers

January 2017

A new scam guidance tool to help consumers avoid pension scams has been launched by The Pensions Advisory Service.

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Workplace affects health and wellbeing, say staff

January 2017

Employers should focus on creating engaging and pleasant workspaces for staff to improve employee wellbeing, a new report out this month has argued.

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Aon says salary sacrifice remains a powerful benefits mechanism for employee and employer savings

December 2016

71% of delegates polled at our salary sacrifice seminar last week felt they would have to rethink benefit strategy as a result of the changes announced in the Autumn Statement. 71% percent also felt that the erosion of salary sacrifice would impact benefits negatively.

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'Disadvantaged groups' would not benefit from state pension freedoms, experts warn

November 2016

So-called state pension freedoms, where early access to state pension may be granted to certain groups of people, may not benefit its target audience, industry experts have warned.

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Line managers not trained to support staff with cancer

November 2016

The majority of line managers lack training to support staff who have been diagnosed with cancer and other long-term medical conditions, a new poll has revealed.

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Denied flexible working requests force working mums to hand in notice

October 2016

A significant number of working mothers are having to leave their jobs because of denied flexible working requests, a new survey has revealed.

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Aon warns employers to be ready for changes to state benefit

October 2016

Employers insuring Group Income Protection benefits need to be ready for upcoming changes to state provision.

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Aon warns employers of immediate salary sacrifice challenges

September 2016

Employers need to communicate carefully the potential for changes to salary sacrifice legislation for all benefit annual enrolments that take place between now and December.

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Proposals unveiled for tax-free financial advice allowance

September 2016

Under new government proposals announced last month, Brits could be entitled to a £500 tax-free Pensions Advice Allowance which can be withdrawn from pensions to fund financial advice.

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Aon warns the Insurance Act 2015 needs to be an employee benefits priority

August 2016

Employers insuring employee benefits need to be ready for the Insurance Act 2015, which comes into effect from 12 August 2016. The Act replaces law that has been in place since 1906 and applies to all non-consumer insurance policies that incept, vary or renew on or after 12 August 2016.

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Majority of employers have no policies in place to manage cancer diagnosis

July 2016

Nearly three-quarters of UK employers have no policies in place to manage cancer diagnosis among employees, research by Check4Cancer has revealed.

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Discriminatory gender pricing could return in event of a Brexit

June 2016

Consumers could once again experience price variations for the same insurance products and annuities depending on their gender, if the UK votes for a Brexit in June, life insurance multinational Aegon has warned.

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Increasing numbers of employers requesting auto enrolment help

June 2016

Growing numbers of small UK businesses are requesting auto enrolment support from the National Employment Savings Trust (NEST) new figures have shown.

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Aon clients win four top honours at the Employee Benefit Awards

June 2016

Aon Employee Benefits has supported four clients to win at the annual Employee Benefits Awards ceremony at the Artillery Garden at the HAC, London.

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Aon says rising costs associated to PMI could make it an elite benefit

May 2016

Aon says rising costs associated with Private Medical Insurance (PMI) are creating pressure on HR and employers to find extra budget, without seeing any further advantages for staff.

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Companies cutting employee benefits to fund National Living Wage should be 'named and shamed'

April 2016

Companies withdrawing employee benefits and reducing rates of pay in order to afford the newly-implemented National Living Wage should be 'publically shamed', Chancellor George Osborne has said.

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Not enough staff holding critical illness policies to protect against illness

April 2016

Critical illness such as cancer, Multiple Sclerosis or Parkinson's Disease affects one in 7 Brits yet just 1 in 20 are actually critical illness policy holders, new research has revealed.

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On Your Feet Britain day promotes active working

April 2016

A campaign to encourage UK employees to get more active in the workplace whilst raising awareness of the adverse effects of sedentary working, will take place at the end of April.

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New pensioners at risk of receiving less than full pension rate

April 2016

Over half of new pensioners set to retire in the first year of the new state pension introduction will receive less than the full rate, a new report has revealed.

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Budget - Aon EB

April 2016

Chancellor George Osborne delivered the 2016 Budget on 16 March. The government had promised that this would have included an announcement on the outcome of its consultation on pension tax relief, but it has published only a summary of the responses it received and suggested that the new Lifetime ISA will address some of the issues raised in the consultation.

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Grandparent leave consultation to be launched in May

March 2016

The government are set to launch their first consultation into extending shared parental leave for grandparents, it was announced during last month's budget.

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Women entitled to early pension access

March 2016

Women could be entitled to withdraw their pensions earlier than scheduled in return for lower payments, if government proposals go ahead.

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Lost tax relief for low earners, pension minister warns

March 2016

Low earners could be cut out of auto enrolment into workplace pensions if pension contributions are calculated with net pay arrangements, pensions minister Ros Altmann has warned.

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Pensions best retirement-saving method, says IFS

March 2016

Pensions remain the most effective way to save for retirement, the Institute of Fiscal Studies (IFS) has said.

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Budget 2016: 'benefits the next generation'

March 2016

Chancellor George Osborne has delivered his eighth budget which 'puts the next generation first'. A reduction in corporation tax, the introduction of a new lifetime ISA for those under 40 and an increase in the personal allowance threshold were among the key announcements of interest to businesses and their staff.

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Aon to discuss gamification in pensions at Employee Benefits Connect

March 2016

LONDON (2 March, 2016) – Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), will discuss gamification as part of its examination of how to engage ‘Generation Z’ (Gen Z) in the workplace at Employee Benefits Connect.

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Brits unaware of who to talk to about mental health issues

February 2016

A significant number of Brits do not know where to access support for mental health issues and who to ask for help, new research out this month has uncovered.

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Aon Benefits and Trends Survey shows nearly 40% of employers drive Health & Wellbeing strategy without a clear view

February 2016

LONDON (24 February, 2016) - Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has found in its annual Benefits and Trends survey that nearly 40 percent of employers do not use any data to drive corporate health and wellbeing strategies or target costs. The survey also showed, however, that increasing numbers of employers want to understand health risks affecting their employee population.

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Technology should be better utilised to manage employees' health and wealth on a global scale, say experts at Aon Employee Benefits

February 2016

LONDON (18 February, 2016) - Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), says technological developments are enabling employers to reach out to employees on a global basis, yet too many are still confining their benefits strategy by region, even though research has shown that there are global patterns to health and wealth risks. This is according to commercial director & head of software innovation Tobin Murphy-Coles and Matthew Lawrence, head of broking, health and risk proposition who are due to speak at Employee Benefits Connect in March.

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Aon wins Firm of the Year and Best Use of Technology at Corporate Adviser Awards

February 2016

LONDON (12 February, 2016) – Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has won two awards at the Corporate Adviser awards ceremony at the Lancaster Hotel in London. It has been named Firm of the Year and received the award for Best Use of Technology by a Corporate Adviser.

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Smaller employers could struggle with auto enrolment compliance

February 2016

Smaller employers have fewer resources to deal effectively with auto enrolment duties, a new report released by the Public Accounts Committee (PAC) has found.

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Unhealthy work-life balance harms family life and productivity levels

February 2016

The majority of UK employees are lacking a healthy work-life balance, creating an adverse effect on productivity levels, a new report has revealed.

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State pension age increase not 'viable' if public health doesn't improve

February 2016

Brits are not 'healthy enough' to work much beyond 60, a leading economist has warned, despite government plans to increase state pension age to 68.

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Millennials 'most demanding' of their employers, study shows

February 2016

Millennials require more time and support from their line managers than other workplace generations, new research has revealed.

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Employee Benefits should complement - not substitute - good remuneration packages

February 2016

Employee benefits should be used alongside good wages and bonuses rather than as a replacement, a recruitment expert has advised, following research which shows that the majority of UK staff would prefer a pay rise to workplace benefits.

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Chancellor promises cap on early exit fees for pension savers

February 2016

Savers wanting to access their pension funds and take advantage of pension freedoms will no longer face extortionate exit fees, thanks to government plans to cap them.

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Aon's Bigblue Touch is judged as 'value for money' by independent assessment

February 2016

LONDON, (1 February 2016) - Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has announced that the Governance Advisory Arrangement (GAA) for its Bigblue Touch contract-based defined contribution (DC) scheme has stated in the Chair's Annual Report that the scheme represents 'good value for money' . Bigblue Touch is one of the first schemes in the UK to have issued its annual report and the first to have assessed value for money at both accumulation and decumulation.

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Pension scheme members to enjoy additional £1bn in tax relief this year

January 2016

Brits are set to save an additional £1bn in tax relief during 2016 thanks to the increased take-up of workplace pension schemes via auto enrolment.

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Global Medical Cost Increases in 2016 Expected to be 2.5 Times Higher Than General Inflation

January 2016

LONDON (14 January, 2016) - A new report from Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), estimates that the average cost increases for employer-sponsored medical plans globally will be 9.1 percent in 2016. This is 5.5 percentage points higher than the global average projected inflation rate of 3.6 percent. In the UK, the increase in the costs of employer-sponsored plans is expected to rise by 9.3 percent.

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Financial concerns could be putting off savers from retiring

December 2015

A staggering one in ten Brits have said they 'never want to retire', whilst one in eight believe they will be between 71 and 80 years of age before they eventually retire. In addition, 8 per cent of young people aged between 18-24 years believe they will 'never' retire and nearly twenty per cent of those aged over 65 have admitted being 'reluctant' to give up work.

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75% of employers believe they are responsible for influencing employee health, according to Aon Benefits and Trends Survey 2015

December 2015

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has found in its annual Benefits and Trends Survey that three quarters of UK employers believe they are responsible for positively influencing employee health, yet many do not appear to be doing so in the most effective way.

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Think Auto-enrolment duties are over? Think again

December 2015

Pensions and auto-enrolment are rarely out of the headlines these days. Most prominent was the October launch of the Department for Work and Pensions' controversial awareness-raising campaign, Workie, featuring a large blue monster with the slogan, Don't Ignore the Workplace Pension. It may not have been to everyone's taste, but it certainly got a lot of people talking.

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Younger workforce turning more to employers for financial advice than older generations

December 2015

Younger employees aged between 18-24 are twice as likely to seek financial advice from their employer than those in their 50s and 60s, new research has indicated.

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Cycle to work schemes 'contribute' to workplace health and wellbeing

December 2015

Cycling to work can improve the health and wellbeing of employees whilst contributing to higher productivity levels, new research has found.

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First of kind auto-enrolment fraud arrests

December 2015

Several people have been arrested on allegations of auto enrolment fraud, it has been announced.

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Computerised CBT does not benefit those with depression

December 2015

Depression is not alleviated by computerised cognitive behavioural therapy (CBT) alone, new research has revealed.

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Transitional pension protection information delayed

November 2015

HM Revenue and Customs has admitted it cannot provide transitional pension protection details to those affected by the reduction in the lifetime allowance.

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Aon Benefits and Trends survey 2015 prompts eight recommendations for employers

November 2015

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has published its annual Benefits and Trends research which highlights issues faced by UK employers – along with common gaps in their management processes. Aon has set out eight recommendations to offset these challenges.

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Shared parental leave to be extended to grandparents

November 2015

Working grandparents will soon be entitled to time off to help with childcare, the government has announced.

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Small employers are failing to comply with auto enrolment, whilst the DWP’s Workie is met with industry criticism

November 2015

Increasing numbers of employees are concerned that their employers are failing to comply with auto-enrolment legislation, a new study suggests.

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Most financial advisers expect further amendments to state pension over the next thirty years

October 2015

The majority of financial advisers believe there will be significant changes to the state pension in the future, including a move towards a means-tested model, a less generous package overall and an increase in state pension age, research from pensions provider Aegon has found.

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Investors want detailed workforce metrics to assess business performance

October 2015

Human capital metrics, that is, metrics which provide measurable data about the workforce including sickness absence, workplace injury and health and wellness, are playing increasingly important roles for company investors.

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Retirees not seeing the value in paying for independent financial advice

October 2015

New industry research has revealed a worrying new trend among retirees who believe they do not need to get pensions advice, despite new pension changes which came into force in April.

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Middle management more likely to suffer from depression and anxiety

October 2015

Symptoms of depression and anxiety are more prevalent among staff in middle management than employees above or below them, new research has revealed.

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Aon says challenges remain for auto-enrolment as it passes third birthday

October 2015

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has warned that while there was much to celebrate as auto-enrolment passed its third birthday, challenges remain – notably the prospect of getting a further 10 million employees through the process.

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Aon Employee Benefits boosts its DC team with two new appointments

September 2015

Aon Employee Benefits has announced two new appointments to its Defined Contribution (DC) team.

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Aon launches Bigblue Touch 4life

September 2015

The ‘At Retirement’ service that offers drawdown, annuities and financial aggregation tools in an easy to access service

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New Aon study into generational segmentation casts doubt on current practice

September 2015

Aon employee Benefits says its latest study from Martha How, reward partner, suggests current practice into generational segmentation is too simplistic and not necessarily supportive of employee and employer needs.

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Open salary policies would address gender pay gap

September 2015

Operating transparent pay policies will help address the gender pay gap, says retail recruitment specialist, Retail Human Resources.

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Bogus self-employed denied vital statutory benefits

September 2015

UK workers who are incorrectly registered as self-employed are missing out on vital employee benefits, Citizens Advice has warned.

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Businesses are continuing to fall foul of AE duties

September 2015

Despite increased communications and guidance around auto-enrolment from The Pensions Regulator (tPR) and industry specialists, many UK businesses are continuing to fall foul of their compliance duties either from incorrect assumptions about the legislation or misinformation.

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Aon works with The Pensions Regulator to give video advice on auto-enrolment

September 2015

Aon Employee Benefits has worked with The Pensions Regulator (TPR) to produce a series of videos designed to help small and medium-sized businesses (SMEs) understand their auto-enrolment obligations.

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Archived press

Looking for more news from a particular area of employee benefits? Click on one of the categories below to view older news stories we have appeared in.


Flexible & Online Benefits

Aon client ‘highly commended’ for pioneering flexible working scheme

June 2015

Media agency MEC have been highly commended at the Employee Benefits Awards for their pioneering flexible working scheme, Smarter Working.

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Eldercare as a benefit

June 2015

Eldercare as an employee benefit is increasing in popularity among UK employees, research by travel insurance and assistance service provider Allianz Global Assistance has revealed.

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Performance related pay - one of top priorities for reward departments

February 2015

Developing performance-related pay initiatives is one of the top priorities for reward professionals in 2015, new research has found.

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Rising childcare costs

February 2015

The cost of raising a child from birth until 21 has risen to around £229,251 – a 63 per cent increase since 2003 - new industry research indicates. Experts say it has risen by almost twice the rate of annual inflation.

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Shared parental leave legislation

December 2014

Shared parental leave regulations have come into force this month, despite over a fifth of HR Directors admitting they are not ready for the new legislation.

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Supporting women back to work

November 2014

The government has announced a package of measures to encourage more women back to work following maternity leave.

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Flex scheme gives staff 0.5% of salary plus NI savings to spend

October 2014

IDS is an independent research organisation providing information and analysis in key areas across the employment field, including HR, employment law, pay and executive compensation.

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Offering flexible benefits via salary sacrifice is becoming increasingly popular among UK employers

August 2014

Nearly 60 per cent of UK employers now provide benefits funded by salary sacrifice schemes such as childcare vouchers, cycle-to-work schemes and additional pension contributions.

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Total Reward Solutions

Employee engagement pay and reward

January 2015

Employee engagement can be improved by the use of fair and effective pay and reward strategies, Workplace Savings & Benefits reports.

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Benefit communications - employers cutting corners

December 2014

Effective benefits communications can improve benefits take-up as well as staff motivation levels, says health and fitness coach Adam Strong.

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The majority of UK employees say they value employer appreciation over a higher salary

September 2014

71 per cent of respondents to the research carried out by corporate gift voucher company One4all Rewards, claimed they would forgo a higher salary elsewhere in order to remain working for an employer who thanked them regularly.

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Health, Risk & Wellbeing

Mental health getting worse research finds

August 2015

Staff mental health is ‘getting worse’ new research reveals, despite increased efforts to reduce stigma and implement workplace health initiatives.

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UK businesses experiencing impact of dementia on workforce

August 2015

A growing number of UK businesses are experiencing a rise in employees suffering from dementia, new research has found.

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Flexible working can improve candidate attraction and retention

July 2015

Flexible working can improve candidate attraction and retention, yet many employers are failing to make staff aware of their flexible working policy, says an industry expert.

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Free absence management services underutilised

June 2015

UK businesses are failing to make use of value-added benefit add-ons, worth up to £100 per employee, multinational insurance company Aviva have said.

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New online benchmarking tool from Aon provides sector insights and measurable data against competition

June 2015

Aon Employee Benefits has launched a new benchmarking database tool which provides UK organisations with market insights and measurable data compared with their competition. This online technology delivers quicker plan design benchmarking without manual collation.

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Cancer screening HR backing

June 2015

HR professionals have backed regular workplace cancer screening following new figures by cancer charity Macmillan which show that more people are surviving cancer than ever before.

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Improving employee resilience

June 2015

Improving employee resilience requires a strategic and sustained campaign rooted in the collective wellbeing needs of the workforce, says Charles Alberts, Senior Consultant at Aon Employee Benefits.

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Tips for maintaining a healthy workforce

June 2015

Employee health is very much on the corporate agenda right now, and with good reason, says Matthew Lawrence Head of Broking and Proposition for Health and Risk at Aon Employee Benefits.

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Midday mile

May 2015

Thousands of employees across the UK took part in the Workplace Challenge Midday Mile during May, as part of the first ever nationwide Workplace Health Week which ran from 18-22nd May.

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Next government should do more for staff wellbeing

April 2015

The next government should do more to improve staff wellbeing, nearly a fifth of UK employers and employees have said, according to industry research.

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Managers don't believe stress warrants time off

April 2015

Poor mental health, such as stress, anxiety and depression does not warrant time off work, say seven in ten UK employers.

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New health Risk Forecaster from Aon helps manage corporate benefit costs

March 2015

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has developed a modelling tool which helps companies to understand potential future benefit expenditure and to put in place strategies to help control health risk costs.

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23% of employees are not taking holiday entitlements

November 2014

Just under a quarter of UK employees are failing to take their full annual leave entitlements, research from Canada Life has shown.

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HR not doing enough to tackle presenteeism

November 2014

Presenteeism and work-life balance are not being adequately addressed in the workplace, despite stress being one of the most prevalent health and wellbeing issues, an industry report finds.

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Staff absence and productivity levels

November 2014

Growing numbers of UK employers are recognising the cost staff absence is having on their business, a UK health insurer has said, whilst a recent Aon survey has found that employers want to better understand staff health risks in order to reduce these costs as well as improving business performance.

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Holiday pay ruling

November 2014

The Employment Appeal Tribunal’s (EAT) recent ruling that overtime should be included in holiday pay has resulted in a flurry of media headlines about the possible impact the ruling could have on British businesses.

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Aon Employee Benefits encourages early detection of cancer

October 2014

..with cancer incidence reaching a record high, employers are starting to respond to calls from the Department of Health to back the NHS’ fight against cancer and put services in place to encourage and ensure the early detection of cancer.

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70 million working days lost to stress in 2013

September 2014

Mental health-related illnesses were one of the main causes of staff absence last year, with 70 million working days being lost in total, a new industry report has revealed.

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Pension & Auto-enrolment

Retirement income gap between two generations of retirees

August 2015

Two industry surveys have revealed a significant retirement income gap between those retiring this year and the next generation of retirees.

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Pension scammers

July 2015

Pension scammers are targeting a significant number of retirees since the pension freedoms came into force in April.

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Pension freedom consultation

June 2015

A consultation to ensure pension providers are adhering to new pension freedom rules will be launched next month, the government has announced.

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Denplan appoints Aon Employee Benefits as its auto-enrolment
provider

June 2015

Aon Employee Benefits, has been appointed by Denplan as its preferred supplier for an auto-enrolment solution – Aon’s Littleblue 2go.

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Private pension age increase proposed

June 2015

The Centre for Policy Studies (CPS) has urged new pensions minister Ros Altmann to increase the private pension age to 60 by 2024.

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First AE escalating fines issued

May 2015

The numbers of UK organisations receiving auto-enrolment fines have increased in 2015, data from the Pensions Regulator (TPR) has revealed.

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Positive about pension reform but worry about risk amends

April 2015

The majority of UK employees hold conflicting views about pension reforms, with over 82 per cent feeling ‘positive’ about the new reforms whilst many are still concerned about the risks involved.

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FCA ScamSmart campaign launch

March 2015

A campaign designed to raise awareness into the increased risk of pension scams has been launched by the Financial Conduct Authority (FCA).

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Re-enrolment could pose further challenges for employers

March 2015

A significant number of employers are continuing to find auto-enrolment an administrative burden, with larger employers likely to find their on-going auto-enrolment duties particularly challenging.

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Post election fears leave business reluctant to carry out pension related duties

February 2015

Fears that a new government will ‘tinker’ with pension legislation has made many UK businesses hesitant in communicating DC changes to staff as well as preparing for auto-enrolment.

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Aon says the first re-enrolments are coming up fast

February 2015

Initial group of employers to auto-enrol need to review processes before key dates

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A third planning retirement sooner

February 2015

New pension freedoms have motivated employees to plan for their retirement earlier than they otherwise would, industry research has revealed.

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Employers burdened by AE admin

February 2015

Auto-enrolment administration is starting to have a significant impact on UK businesses, new research has indicated.

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Surviving on a state pension research

January 2015

A significant proportion of the over 40s have said they could not survive on the new state pension alone, according to new research by Partnership.

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TPR stepping up AE comms

January 2015

The Pensions Regulator is stepping up its auto-enrolment communications to employers of small businesses in a bid to reduce non-compliance.

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Pension schemes unsustainable due to ageing workforce

December 2014

According to the OECD’s 2014 Pensions Outlook report, workplace pensions are facing several challenges which are creating solvency issues for defined benefit (DB) schemes in addition to putting defined contribution (DC) schemes into question.

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New HR pension tension

November 2014

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON), has found in its annual survey that there is a widespread lack of understanding among employees of the value of their reward package, while uptake of total reward statements is low.

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9 out of 10 want AE delay

November 2014

The majority of small employers who have yet to reach their auto-enrolment staging dates want the process to be delayed until the latest pension reform changes have been implemented in full.

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TPR issues first AE breaches

November 2014

The Pensions Regulator has begun issuing out auto-enrolment fines to businesses who have failed to comply with auto-enrolment legislation.

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Aon Employee Benefits integrates Standard Life auto-enrolment solution with Littleblue 2go auto-enrolment online platform

November 2014

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON) has announced that Standard Life’s ‘Good to Go’ auto-enrolment qualifying pension scheme has been integrated with the Aon Littleblue 2go auto-enrolment platform.

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CAB and TPAS to give pensions advice

November 2014

The Pensions Advisory Service (TPAS) and Citizens Advice Bureau (CAB) are to give pension guidance to UK employees from April 2015, the government has announced.

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Business fined for getting auto-enrolment wrong

January 2014

Dunelm Soft Furnishings Ltd forced to make good unpaid contributions by The Pensions Regulator for getting auto-enrolment wrong

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Financial Education

Most financially prepared regions in the UK

October 2014

Scotland and the North of England are the most ‘financially prepared’ regions in the UK, according to a new analysis of the retirement savings scene.

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Bigblue Benefits Technology

Aon says employers must look to technology to help scheme members with new allowance changes

July 2015

Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE:AON), has said that yesterday’s Budget announcement of reductions in the Lifetime Allowance and Annual Allowance has added a new concern for more and more people. In addition to just worrying about whether they have saved enough, some will now have to start thinking about how they plan around these new limits.

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Bigblue Touch and YouGov survey

April 2015

More than three quarters of those approaching retirement have failed to seek professional pension-related financial advice, a new YouGov survey has revealed.

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Employee Benefits News

Association for employee benefit and reward professionals launched

August 2015

A professional association for those working within the reward and employee benefits space has been set up by a former editor of an HR publication.

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Osborne's Emergency Budget - the main pointers

July 2015

Austerity measures and tax rates were at the heart of the Emergency Budget this week, whilst salary sacrifice schemes remain untouched.

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Budget commentary re Salary Sacrifice

July 2015

Rumours ahead of the Summer Budget 2015 that salary sacrifice schemes would be attacked failed to materialise, however the government explicitly called out that the growth of such arrangements and their financial impact is being monitored. Organisations looking to introduce salary sacrifice schemes, especially for pension contributions, should factor in the potential restriction or removal of these schemes in the short-term when deciding whether or not to implement.

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Trend for global employers to centralise benefits is held back by operational realities, according to Aon’s global benefits research

June 2015

The research also shows that traditional multi-national pooling is on the wane, while captive funding for insured benefits and other financing initiatives are increasing.

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GE2015 pensions and EBs impact

May 2015

Following a surprise majority win for the Conservatives after opinion polls failed to accurately predict the outcome of the 2015 general election, what impact will the new government’s policies have on workplace pensions and benefits?

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Gender pay reporting bill amendment

April 2015

Businesses with more than 250 employees will be expected to reveal pay differences between their male and female employees, thanks to new legislation recently introduced in Parliament in the Equal Pay Transparency Bill 2015.

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Aon wins two major awards at Workplace Savings and Benefits ceremony

September 2014

Aon have taken home the title of Benefits Innovation of the Year for its Bigblue platform and Auto-enrolment Innovation of the Year for its Littleblue 2go SME solution.

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Employment law 2015

January 2015

Employers should be aware of several key legal areas which are likely to affect their businesses during 2015 and beyond, says employment law specialist Shoosmiths.

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