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Pension Auto Enrolment opt-out rates on the rise reveals DWP data
Pension Auto Enrolment opt-out rates on the rise reveals DWP data
Pension Auto Enrolment opt-out rates on the rise reveals DWP data

Pension Auto Enrolment opt-out rates on the rise

Opt-out rates for auto-enrolment have increased slightly from their low of 9% to 12%, new data from the Department for Work and Pensions has revealed.

A report published on 4th November by the DWP found that of the 46 employers who supplied detailed opt-out rates, most individual employers had between 5% and 15% of their workers opting out after being auto-enrolled.

The 2012/13 employers’ survey found an average opt-out rate of 9%. While there is a slight difference between the two figures, the DWP warned that both the 2012/13 and 2014 figures are from small samples so therefore have a “certain margin of error”.

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Member News
AT&A reports record growth on its 4th birthday
AT&A reports record growth on its 4th birthday
AT&A reports record growth on its 4th birthday

Insurance broker Andrew Thompson & Associates (AT&A) has just celebrated its 4th birthday by announcing results demonstrating its best year ever.

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Member News
Is employee fatigue and disengagement damaging your business performance?
Is employee fatigue and disengagement damaging your business performance?
Is employee fatigue and disengagement damaging your business performance?

Is employee fatigue and disengagement damaging your business performance?

A healthy and productive workforce is essential to the success of any organisation in this globally competitive world. However, nearly half of HR decision-makers surveyed for the Flux report in January 2014 reported an increase in employee fatigue and disengagement, which can significantly damage business performance, says Jayne Carrington.

While most people would acknowledge that employee wellbeing is important in keeping employees engaged and motivated, research from Right Management also suggests that it is still misunderstood, with 41% of organisations regarding employee wellness as a perk rather than a necessary investment.

Organisations cannot afford unfit, unwell and unproductive people, and while HR and occupational health (OH) departments play a major role in aligning workplace wellness with the overall business strategy, leaders are key drivers in keeping employees engaged in their roles.

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Member News
Local social enterprise shortlisted for Trailblazing Newcomer Award in 2014 RBS SE100 Awards
Local social enterprise shortlisted for Trailblazing Newcomer Award in 2014 RBS SE100 Awards
Local social enterprise shortlisted for Trailblazing Newcomer Award in 2014 RBS SE100 Awards

Realise Futures CIC, a community interest company supporting disadvantaged and disabled individuals into work across Cambridgeshire and Suffolk, has been recognised as a leading social enterprise, shortlisted in the 2014 RBS SE100 awards.

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Member News
Is Pensions Automatic-Enrolment providing greater financial security for employees?
Is Pensions Automatic-Enrolment providing greater financial security for employees?
Is Pensions Automatic-Enrolment providing greater financial security for employees?

September saw the launch of Scottish Widows’ fifth annual Workplace Pensions Report, providing insight on the attitudes and behaviours of thousands of employees in relation to their workplace saving.

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Member News
NetXtra launches Integra integrated CPD portal for Royal College of Pathologists
NetXtra launches Integra integrated CPD portal for Royal College of Pathologists
NetXtra launches Integra integrated CPD portal for Royal College of Pathologists

Membership website and back-office integration specialist NetXtra has recently launched a new portal that allows The Royal College of Pathologists’ (RCPath) members to conveniently record and maintain their Continuing Professional Development (CPD) records and supporting information for medical revalidation.

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Member News
Low Awareness of Absenteeism Changes

Many employers are not aware of the introduction of a new Government initiative to tackle absenteeism according to Beckett Financial Services.

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Member News
Is work stressful asks the charity Mind
Is work stressful asks the charity Mind
Is work stressful asks the charity Mind

More than half of employees (56%) find work very or fairly stressful according to recent research by the charity Mind.

A recent survey of more than 1,250 working people in Britain, which was published to mark National Stress Awareness Day on 6 November, found that respondents find work more stressful than debt or financial problems (38%), health (29%) or relationships (20%).

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Member News
Awards anticipation for 1 Accounts Online
Awards anticipation for 1 Accounts Online
Awards anticipation for 1 Accounts Online

Haverhill based accountants 1 Accounts Online are eagerly anticipating the outcome of a national awards evening in London later this month when they will discover if they have won a highly prestigious industry award.

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Member News
Suffolk Cricket Board Limited looking for a Chairman
Suffolk Cricket Board Limited looking for a Chairman
Suffolk Cricket Board Limited looking for a Chairman

Suffolk Cricket Board Limited is looking to recruit a Chairman.

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