Your IndustryNov 7 2014

Foster Denovo charity work earns award

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Foster Denovo has been given an award for helping its clients with cost-effective auto-enrolment and supporting charity workers in their retirement choices, a partner at the firm has said.

Ian Bird, equity partner of national advisory firm Foster Denovo, said his team won the Charity Times consultancy of the year award in recognition of the work carried out by the charity sector in difficult and competitive conditions.

The team’s entry for the awards, now in its 15th year, covered its range of cost-effective auto-enrolment services to the charity sector, and the work that has been undertaken to support charity employees in making informed choices about their retirement planning.

Mr Bird said: “At all times, our main focus is on helping to educate and communicate to employers and their staff the value of employee benefits – currently with a real focus on auto-enrolment.

“With auto-enrolment, the big challenges still lie ahead. More and more employers will need to turn to trusted and experienced suppliers for support.”

Background

MetLife UK has revealed that companies are still in the dark over auto-enrolment.

Tom Gaynor, employee benefits director for MetLife UK, has said: “Confusion among employers about what they should be doing when it comes to benefit reviews is a huge opportunity for advisers.”