Category Archives: now

Crowd-sourcing a solution to the net-pay pension problem.

The people who are losing out on Government contributions into their workplace pensions because their schemes work on net pay rather than “relief at source” are oblivious of this problem, they serve coffee in Costa, work in nursing homes and … Continue reading

Posted in auto-enrolment, Blogging, journalism, NEST, now, Payroll, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , | 2 Comments

NOW – that’s what I call pensions!

    Why the Pension PlayPen supports NOW as a workplace pension It’s no easy thing starting a master trust from scratch. Though NOW Pensions, had the experience of running a state backed pension in Denmark (through parent APT), coming … Continue reading

Posted in advice gap, auto-enrolment, now, pensions | Tagged , , , , , , , , , | 23 Comments

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

Posted in accountants, auto-enrolment, DWP, NEST, now, Payroll, pension playpen, pensions, Start ups | Tagged , , , , , , , | Leave a comment

Will CDC be available to everyone with a DC pot – or just a lucky few?

A snag has emerged in the Drafting of the Pension Schemes Bill (that will introduce Defined Ambition and with it CDC). It’s one of those little things that seems easy to fix but which has potentially huge consequences, a bit like … Continue reading

Posted in advice gap, CDC, DWP, now | Tagged , , , , , , , , , , , , , | 2 Comments

A buyers guide to auto-enrolment software

Some initial thoughts Auto-enrolment software exists to automate the processes your company needs to establish to stage and maintain auto-enrolment. For most employers it is another payroll headache (along with RTI) that needs a purchased solution. Normally companies purchase on … Continue reading

Posted in accountants, advice gap, annuity, auto-enrolment, middleware, NEST, now, Payroll, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , | 2 Comments

Regulate- don’t procrastinate; says Morten Nilsson- CEO of NOW Pensions

Membership numbers recently published by the big six mastertrusts highlight exactly how important they are in the auto enrolment market.   Of the three million people auto enrolled, over two million are in one of the big six mastertrusts.   … Continue reading

Posted in now | Tagged , , , , , , , , , , , , , , | Leave a comment