A worrying number of UK companies are planning to close down private medical insurance (PMI) contracts rather than challenge their consultants and providers to come up with more innovative, long-term solutions to the entrenched problem of medical inflation and its equally unsavoury counterpart - annual PMI premium increases.
Benefits2go, the only ‘must have’ employee benefits portal a company needs, now also offers a complete solution to auto-enrolment.
Auto-enrolment & the implications for risk benefits: Everything you need to know…in 10 simple steps.
Not only not squashed, but can actually grow. This is because times are changing.
The Department of Work and Pensions (DWP) has announced that they are undertaking a programme to simplify auto-enrolment, based upon the experiences of the largest companies whose staging dates commenced from October last year. The reforms are being phased in, with SMEs required to comply with the new rules by 2018.