Category Archives: Payroll

Pension PlayPen wins 7 and is shortlisted for a further 9 awards


For the second year running, Pension PlayPen has been short-listed for the Payroll World Technology Award. Pension Play Pen has also been shortlisted for the small schemes auto-enrolment implementation award. These nominations come on the back of Henry Tapper, Pension … Continue reading

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Making sense of the Budget’s Pension Changes


Everyone knows that the changes in the taxation of pensions announced in the budget and now working their way into law – are going to make a big difference. But just how will they affect you and what can you … Continue reading

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How much should I spend on retirement?


People get frightened by this question – they shouldn’t! The simple answer is that we all pay into a national pension scheme through national insurance and you can find out what you’re likely to get from the State we completing … Continue reading

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Auto-enrolment – matching payrolls to pensions.


The big payroll/pension issue There are, according to one payroll software development we have spoken to, 42 separate interfaces between payroll and HR and the various workplace pension providers. Not all payrolls are prepared to build processes to accommodate each … Continue reading

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What payroll can do to keep away the loan sharks.


We all know the sharks that swim in financial waters preying on the weakest and driving them and their families into deeper debt with all the social and health problems that “deep debt” brings. And I’m sure that if it … Continue reading

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One million employers buying pensions in the dark.


I am comfortable with the interventions by Government in the sales side of workplace pensions. The DWP’s minimum standards legislation is progressing well and we look forward to seeing some secondary legislation in September. The Treasury’s work transforming the choices … Continue reading

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Time to ditch the “institutional” from pensions


  There has always been a gulf between retail and institutional pensions. But I have never felt it so inappropriate . Retail pensions were sold on commission, organised by insurance company and regulated by the Treasury via the FCA and its … Continue reading

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Providers cherry picking pension customers? Whatever next!


Money Marketing is reporting that insurers are cherry picking the workplace pensions they take on . That this is news says a lot for the appalling lack of underwriting applied by insurers to the pricing of new business in this market over … Continue reading

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Carry on nudging!


We may just have been nudged. We’ve been getting  interested in salary sacrifice. We have been building a salary sacrifice modeller into the workforce assessment tool on http://www.pensionplaypen.com by popular demand. Initially I had thought  salary sacrifice was benefiting employers but … Continue reading

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No small company should spend 103 man days on pensions!


Paul Foot of Sage is right to point to research carried out by the London Business School that concluded that 103 man days were being devoted to auto-enrolment by companies staging in 2013. I don’t know how you account for … Continue reading

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