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A third of Asset Management Firms to increase investment in employee wellbeing post-pandemic says new industry report from Howden


Stuart Gentle Publisher at Onrec
05 May 2021|
A third of Asset Management Firms to increase investment in employee wellbeing post-pandemic says new industry report from Howden
Howden surveyed over 160 asset management firms to benchmark their current employee benefits, wellbeing and reward programmes, investigate their plans and find out if their existing benefits are still fit for purpose given the impact of the Covid-19 pandemic.
Asset management firms are to step up their focus on employee wellbeing to support their staff post-pandemic, according to a new research report, ‘Employee Benefits & Wellbeing in the Asset Management Sector’, from Howden Employee Benefits and Wellbeing. ....

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New workplace savings product rolled out in UAE to help employees save for retirement


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AXA Green Crescent Insurance Company rolled out a workplace savings plan to help UAE employees save for their retirement and improve their financial well-being.
The Employee Secure Saver plan helps employers provide employees with a savings vehicle similar to those available globally, the insurer said in a statement on Monday.
“Many in the country remain unaware that end-of-service benefit in the UAE is unlikely to be sufficient on its own for retirement – a life goal that requires careful planning,” Mohamed Seghir, chief executive of AXA GCIC, said.
Many in the country remain unaware that end-of-service benefit in the UAE is unlikely to be sufficient on its own for retirement ....

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More than 1,000 employers offer college savings benefits


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
More than 1,000 employers offer college savings benefits
ScholarShare 529April 14, 2021 GMT
SACRAMENTO, Calif., April 14, 2021 (GLOBE NEWSWIRE) More than 1,000 California employers, including CalPERS and California State University, are giving their workers a wonderful opportunity – the chance to save for college using the Workplace Savings Program of ScholarShare 529, California’s college savings plan. Employees of participating employers can save for college through a simple payroll deduction process, while gaining access to many useful college savings tools and educational resources.
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California State Treasurer Fiona Ma, who chairs the ScholarShare Investment Board, which oversees ScholarShare 529, is asking employers around the state to considering joining. “The Workplace Savings Program is free, easy and a benefit that helps companies stay co ....

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