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Hotels and restaurants hardest hit by stakeholder says Pru

Hotels, restaurants and engineering companies are the most likely to be affected by the need to offer stakeholder pensions to their employees says a survey from the Prudential.

At the opposite end of the spectrum, transport, communications and construction companies will have the least amount of work to do in order to comply with Government regulations.

The Prudential report, conducted by Professor David Storey of the Warwick Business School, reveal 71 per cent of businesses with five or more employees do not currently offer a pension to their staff.


Aegon adds two directors to management team

Aegon UK has added to its executive team. Group IT director David Bradley, who is responsible for co-ordinatingtechnology development throughout the group, is appointed to the Aegon UKexecutive for the first time. Former Scottish Amicable marketing director Gavin Stewart, who arrived atAegon in February, joins the board as group development director withresponsibility for evaluating and […]

Government unleashing new pension ad campaign

The Department of Work and Pensions plans to embark on a second pension addrive before the end of the year. The DWP says it will be similar to the working dogs campaign which ran onnational television and in cinemas in March this year. Stakeholder will bepromoted alongside occupational and state pensions as one of the […]

Value added tax

If there is one message that comes through time and time again in thissection of Money Marketing it is that tax planning can substantiallyimprove the net return on investments and substantially improve the bottomline for investors. Tax planning and sound financial advice areinextricably linked. Arguably, giving financial advice, rather than merely facilitating thepurchase of a […]

&#39Industry faces the longest working week&#39

Financial services employees work longer hours than any other sector,according to a pan-European survey. Research by business communications provider Nextra shows 54 per cent ofemployees in financial services work between 45 and 60 hours a week. Of these, 27 per cent claim they are suffering from mental strain ordisorder as a result of their working […]


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