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Lexmark completes £46 million pension buy-in

Employee Benefits

Credit: JHVEPhoto / Shutterstock.com Printer and image product manufacturer Lexmark has completed a £46 million pension buy-in for its UK division’s pension scheme. Now that we have increased the security of our members’ benefits, we look forward to an orderly transition to Canada Life.”

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Epson UK completes £60 million pension buy-in

Employee Benefits

Electronics business Epson UK has completed a £60 million pension buy-in for its Epson UK Pension Scheme. The deal, which was carried out with financial services firm Just Group and scheme trustee Dalriada, secures the benefits of 113 pensioners and 289 deferred members.

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The top 10 most read articles between 7 – 13 June 2024

Employee Benefits

pay rise The post The top 10 most read articles between 7 – 13 June 2024 appeared first on Employee Benefits. pay rise The post The top 10 most read articles between 7 – 13 June 2024 appeared first on Employee Benefits. The top 10 most read articles between 7 – 13 June 2024 on employeebenefits.co.uk

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Aston Martin staff threaten to strike in pensions row

Employee Benefits

Workers employed by Aston Martin have threatened the car manufacturer with strike action over changes to their company pension scheme. Unite general secretary Sharon Graham explained that the union will back members if they decide to take industrial action to defend their pensions.

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Best Employee Benefits in Light Manufacturing

Winston Benefits

If your company is involved in manufacturing, you know that offering strong benefits is a must. Manufacturing jobs tend to have better benefits than many other industries, so staying competitive can be difficult. If you’re involved in light manufacturing, these top benefits can help you stand out.

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Howdens provides staff with valuable retirement-planning tools

Employee Benefits

Following a review of its pension scheme and a consultation in 2020, kitchen furniture manufacturer Howdens chose to close its defined benefit (DB) scheme in 2021. The organisation runs regular sessions with employees, both in-person or online.

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Greggs to share £17.6 million bonus among staff

Employee Benefits

This will include the impact of the 10% national living wage increase and enhancement of its pension benefits, with staff now able to access up to 6% employer contributions. million bonus among staff appeared first on Employee Benefits. The post Greggs to share £17.6

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