Cafeteria package widens menu for older employees
- Bonuses code will affect many. Carter, Michael // People Management;1/27/2011, p30
The article focuses on the impact of the revised Financial Services Authority (FSA) remuneration code, published in December 2011 and applying from January 1, 2011 in Great Britain on both existing remuneration structures and future pay strategies within FSA-regulated organisations.
- Advisers furious at Â£22m bonuses for FSA staff. McMillan, Paul // Money Marketing;6/17/2010, p20
The article reports on the furious reaction of financial advisers to the 22 million pounds bonuses given to the Financial Services Authority (FSA) staff in 2009 in Great Britain.
- EU Exempts Some Firms From Bonus Guidelines. // American Banker;6/15/2011, Vol. 176 Issue 92, p16
The article reports that some financial advisory companies are exempt from the bonus rules issued by Great Britain's Financial Services Authority (FSA) and approved by the European Union (EU) and notes Evercore Partners Inc. and Greenhill and Co. can pay guaranteed bonuses to their employees.
- FSA will reward staff despite crackdown on bonus culture. Holt, Natalie // Mortgage Strategy;11/10/2008, p11
The article reports on the plan of Great Britain's Financial Services Authority (FSA) to reward its staff with bonuses at the end of 2008 despite a clampdown on the banking industry's bonus culture. FSA Chairman Lord Adair Turner confirms the agency's bonus system. He explains that staff had...
- Alien concepts. McKenna, Ian // Money Marketing;Feb2009 Group Pensions, p3
The article discusses the need for group pension advisors in Great Britain to take a more effective approach in maximizing profits in spite of a recessionary economy. It notes that recent moves to align costs with profitability make it one of the more effective sectors of the market and average...
- Pension commission saving is false economy. O'Donovan, Debi // Employee Benefits;Jan2010, p3
The author reflects on the issue concerning the move of employers to shift from trust-based defined benefit schemes into contract-based defined contributions plans in Great Britain. She says that a contract-based defined contributions plan restricts product choice to providers paying adviser...
- Providers wade into row over Aegon GPP cashback offer. // Corporate Adviser (Online Edition);9/26/2012, p1
The article reports on the issues concerning the cashback offer of Aegon UK PLC under its Global Personal Pension (GPP) scheme in Great Britain. It is inferred that the scheme potentially violates the regulations and Her Majesty's Revenue and Customs (HRMC) tax rules. A guidance issued by the...
- Product in focus GROUP SIPPS. Washington, Tom // Employee Benefits;Mar2009, p50
The article offers information on the group self-invested personal pension plans (SIPP) in Great Britain. SIPP offer a range of investment choices and give members greater control. It is noted that SIPP are regulated by the Financial Services Authority. Running SIPP may be cheaper than providing...
- Time For Change. Lawson, Stuart // Corporate Adviser;Jul2009, p45
In this article the author discusses changes in the corporate benefits market and the pressure it takes on the financial industry in Great Britain. The author cites the statement of Callum McCarthy, chairman of the Financial Services Authority (FSA), illustrating the business model based on...