Pensions and benefits – what are the key themes for the future?
Starting dates and places
This product does not have fixed starting dates and/or places.
EEF offers this product as a default in the following regions: Birmingham, Bristol, Leeds, London, Manchester
Description
Summary
There is greater awareness amongst companies of the link between managing the risk of high cost employee benefits and greater scrutiny on the efficiency of spending on employee rewards. But companies can make significant savings if they have a strategic approach, robust implementation and a commitment to employee engagement. This seminar will help you see how.
The event will help you:
- Be in a better position to review your approach to managing DB risk, DC provision and/or maximising the efficiency of what you spend on benefits
- Understand what is involved in introducing a salary sacrifice or salary exchange initiative
- Understand the timescales involved, and the employment law …
Frequently asked questions
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Summary
There is greater awareness amongst companies of the link between managing the risk of high cost employee benefits and greater scrutiny on the efficiency of spending on employee rewards. But companies can make significant savings if they have a strategic approach, robust implementation and a commitment to employee engagement. This seminar will help you see how.
The event will help you:
- Be in a better position to review your approach to managing DB risk, DC provision and/or maximising the efficiency of what you spend on benefits
- Understand what is involved in introducing a salary sacrifice or salary exchange initiative
- Understand the timescales involved, and the employment law and HR issues you need to plan for
At EEF, we have seen a significant increase in the number of questions raised by members on:
- reducing the costs and risk of running a defined benefit pension scheme
- reviewing defined contribution pension arrangements
- maximising the tax and National Insurance Contributions efficiency of money spent on benefits including introducing salary sacrifice arrangements
- the impact of the National Employment Savings Trust or NEST initiative (formerly known as Personal Accounts), designed to encourage greater pension saving through auto-enrolment by employers.
Recognising that these are going to be key themes for more and more employers, we have teamed up with BDO Investment Management to bring you a seminar highlighting key issues and trends in the market place.
Who Should Attend?
This seminar focuses on strategic issues and would benefit:
- CEOs and Managing Directors
- Finance managers and finance directors
- HR Directors
- Pension Managers
- Pay and Benefits Managers
Programme
8:30 - 9:00
Registration and coffee
9:00 – 9:30
Introduction and overviewDavid Yeandle OBE, Head of Employment Policy, EEF
- Trends in employer responses to managing DB risk
- Update on National Employment Savings Trust
9:30 – 10:10
Controlling the volatility risk and cost of DB schemesRichard Farr, Partner, BDO LLP
- Analysing the relative impact on future service contributions and on company accounts of benefit redesign, buy out and liability management exercises
- Developments in the buy out market
- Enhanced transfer value exercises
10:10 – 10:45
Is your existing DC arrangement fit for the challenges
ahead?
Robert Kingston, Senior Pensions Consultant, BDO Investment
Management Limited
- Developments in the market
- Employer monitoring and relationship with reward strategy
- Member education
10:45 – 11:00
Refreshment break
11:00 – 11:40
Tax and NIC efficient benefit packages
Teresa Payne, Partner, BDO LLP
- Implementing a salary sacrifice arrangement
11:40 – 12:10
Changing the reward package/closing DB schemes to future
accrual
Judith Hogarth, Solicitor & Principal Adviser, EEF
- The essential HR and employment law issues
12:10 – 12:30
Panel questions
12:30
Close of seminar
Audience: Senior Managers and Directors, Managing Directors and CEOs, Finance Directors
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Do you have experience with this course? Submit your review and help other people make the right choice. As a thank you for your effort we will donate £1.- to Stichting Edukans.There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.