Category Archives: auto-enrolment

Documenting why you chose your workplace pension


  The best thing about the Pensions Regulator’s Duties Checker is the process. Follow the five steps and you will be able to sign your declaration of compliance and that’s it- auto-enrolment sorted.   Well if only it was that … Continue reading

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Whatever happened to the reform of pension tax relief?


The Government’s plans to resolve the injustices of the Pension Tax Relief system appear to have been ditched. Announced in the budget of 2015, expected in that year’s autumn statement and postponed in the months running up to this year’s … Continue reading

Posted in advice gap, annuity, auto-enrolment, pensions | Tagged , , , , | 2 Comments

Where does all the money go?


Ok guy – have a look at this picture. It’s a very odd way of looking at money (especially the cash benefits – which for most will be the various family, disability and general living allowances). But it makes its … Continue reading

Posted in #WASPI, auto-enrolment, pensions | Tagged , , , , , , , | 3 Comments

A little bit of anarchy does you good


I’m grateful to my Swedish friend Per Andelius for finding this. Provenance has kindly been provided by readers (see comments). In game theory, the “price of anarchy” describes how individuals acting in their own self-interest within a larger system tend … Continue reading

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Data should drive AE reform in 2017


We live at a time dominated by data. Never before has data been so readily available to policy makers. But with so much about, it’s the job of those at DWP and tPR to sort out what’s relevant and what’s … Continue reading

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“Workie Vicit” – tPR on the state of AE


   The Pension Regulator has published its snappily entitled Automatic enrolment commentary and analysis report 2015/16 The first question I asked as I opened its 45 pages was “who’s it for?“. TPR’s primary stakeholder is the DWP which funds it and … Continue reading

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“The best way forward or the NEST way forward?”


If you are an employer and you have made a decision, there is no liability—that is clear in the legislation. If you have decided to go with NEST rather than NOW: or People’s, there is no liability that can fall … Continue reading

Posted in accountants, auto-enrolment, NEST, now, pensions, Personal Accounts | Tagged , , , , , , , , , , , , , , | 2 Comments

Why every firm must pay attention to their pension


The poet  Yeats , concludes a short poem But I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams. Small employers rely on large organisations to establish, … Continue reading

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The future of NEST


  NEST has called for people and organisations to comment on what it should do when the initial surge of auto-enrolment is over. We have already seen rivals to Sage suggesting it remain circumscribed to its current limited function. We … Continue reading

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Brexit not AExit


  Disruption of auto-enrolment happened way before the recent referendum and is set to continue as one of the many unintended consequences of a leave vote. The ambitious legislative reforms put in place by the coalition’s pension minister Steve Webb … Continue reading

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