Tag Archives: Human Resources

What do we mean by good?


Spending time in Liverpool this week has given me the chance of spending time with clients, fellow advisers and those who market the products our clients use. The NAPF Conference is a time when you can look at what you are doing , compare … Continue reading

Posted in actuaries, corporate governance, dc pensions, de-risking, napf, NEST, Payroll, pension playpen, pensions, Popcorn Pensions | Tagged , , , , , , , | 14 Comments

How will employers chose their pension plans?


As everyone should now know, employers are going to have to provide a pension plan and some  money to fund their staff’s retirement. The rules and guidance are complex but the idea is simple – “you’re in”. But “in” to what. … Continue reading

Posted in actuaries, annuity, auto-enrolment, dc pensions, Management, NEST, pensions | Tagged , , , , , , , | 10 Comments

Auto-enrolment;- the story so far


Payroll managers are playing an increasingly important role in the formation of their business’ pension strategies. Continue reading

Posted in auto-enrolment, leadership, pension playpen, pensions | Tagged , , , , , , , | 7 Comments

DC isn’t working says Hymans Robertson- I agree – let’s change that!


Pensions apathy from companies and employees is creating a new labour headache for UK PLC and delivering poor outcomes for employees on their pensions. Suspicions that defined contribution (DC) company pensions are failing have been confirmed in a new report by … Continue reading

Posted in actuaries, annuity, auto-enrolment | Tagged , , , , , , , | 4 Comments

“Ambitious” pensions can save you from staging a disaster


Organisations with 500 or more employees have been written to recently by the DWP with a reminder that in 2013 they have to “stage” auto-enrolment. Companies which historically provide and promote pensions to their staff will take all this in their stride But staging … Continue reading

Posted in actuaries, auto-enrolment, corporate governance, dc pensions, defined aspiration, Retirement | Tagged , , , , , , , | 6 Comments

Reformation The Mallowstreet Party


Vincent Franklin looked out from what used to be the roof of City Telephone Exchange. The Exchange (according to Con Keating) had walls fifteen metres thick and had been built to withstand a nuclear bomb. They’d pulled it down to … Continue reading

Posted in Bankers, Change, Church of England, corporate governance, economics, Fred Goodwin, leadership, mallowstreet, Olympics, Olympics 2012, pension playpen, pensions, redington, Retirement | Tagged , , , , , , , , | 5 Comments

Why First Actuarial focuses on Payroll


According to a survey published this week by the CIPP , payroll will take charge of implementing auto-enrolment at 40%, HR at 29% and pension providers/departments at 13% of employers. Yet most pension advisers are still reluctant to talk with payroll professionals about the staging … Continue reading

Posted in auto-enrolment | Tagged , , , , , , , , , , | 4 Comments

Auto-enrolment – working out who does what.


The hard part in establishing a process to stage auto enrolment and manage it each payroll period is not working out what needs to be done. Process maps exist that will help you understand the scope and complexity of the task. It’s the … Continue reading

Posted in auto-enrolment, customer service, de-risking, FSA, Management, NEST, pensions, Personal Accounts | Tagged , , , , , , , , , , | 3 Comments

Good boss / bad boss


1. Business is a playground, not a battlefield. Average bosses see business as a conflict between companies, departments and groups. They build huge armies of “troops” to order about, demonize competitors as “enemies,” and treat customers as “territory” to be … Continue reading

Posted in Management | Tagged , , , , , , , | 3 Comments

A hunger to educate – more on Popcorn Pensions


Hunger is not a word you’d associate with actuaries. One of our clients described the team working for her as “happy puppies” who approached the task of educating members with ” hunger“. These are not words that exist in the … Continue reading

Posted in annuity, auto-enrolment, customer service, dc pensions, happiness, Henry Tapper blog, mallowstreet, Management, pension playpen, pensions, social media, Treasury | Tagged , , , , , , | 7 Comments