Category Archives: Payroll

Payroll follows member!

There is an unholy row going on between the NAPF on one side and the DWP and the ABI on the other centering on whether the average Joe wants the pension “pot” from his former employer to follow him to his new … Continue reading

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

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

What Steve Webb must do now.

Well Mr Webb, you said it; I refer to your excellent talk at the IOD (16/10/12) First you said that you would legislate for “pot follows member” in 2014/15 .Then when asked what happens if a member transfers to a bad qualifying scheme, you … Continue reading

Posted in annuity, CDC, dc pensions, defined aspiration, Financial Education, Henry Tapper blog, Management, Payroll, pensions, Retirement, Treasury | Tagged , , , , , , , , | 20 Comments

Tesco v Morrisons – a pension-enrolment showdown

The Government officials charged with monitoring the success of auto-enrolment will no doubt be watching with interest the reported numbers enrolling into the Morrison’s and Tesco’s pension arrangements. Both organisations have opted to provide their “eligible jobholders” with defined benefit pensions; the … Continue reading

Posted in auto-enrolment, customer service, de-risking, defined aspiration, Financial Education, Management, Payroll, pension playpen, Popcorn Pensions | Tagged , , , , , , , | 5 Comments

Can pension saving really grow the economy?

Putting a stealth tax on an employer’s wage bill of 3% and frog-boiling millions to reduce their take home by up to 4% doesn’t fit comfortably with a growth strategy for the economy. Less money to spend. Many regard UK pension policy … Continue reading

Posted in auto-enrolment, dc pensions, de-risking, defined aspiration, happiness, Henry Tapper blog, NEST, Payroll, pension playpen, Popcorn Pensions, Retirement | Tagged , , , , , , , | 3 Comments

Ten reasons to join the Pension Play Pen!

I’m excited! Driving through Berkshire and Hampshire to work it showed 8 degrees  on the dashboard, I drove open-top and imagined I was Jane Austen in a pony and trap (the pony called Frankel)! I’m excited because there are 2499 members … Continue reading

Posted in Payroll, pension playpen, pensions, poetry, The Racket of the Lambs | Tagged , , , , , , , , , | Leave a comment

Do self-employed “workers” know their pension rights?

The self-employed have been marginal to Pension Reform. An obscure section of the 2008 Pension Act makes it possible for them to take part in NEST, however NEST do not advertise they can receive self-employed contributions and I’d be surprised if they have … Continue reading

Posted in auto-enrolment, dc pensions, infrastucture, Management, Payroll, pensions, Personal Accounts, Retirement | Tagged , , , , , , , | 3 Comments

TESCO extra pensions

I’ve followed Tesco’s progress towards the staging of auto-enrolment closely this week. I think we are at a tipping point in pension provision in Britain, a point which could see the return of pensions that do what they say on … Continue reading

Posted in auto-enrolment, dc pensions, Henry Tapper blog, leadership, Payroll, Retirement | Tagged , , , , , , , | 218 Comments

What’s a social media champion?

The news is that I’m up for an award as a social media champ – or or perhaps “chump”. I’d be beating a food bunch if I won;- the Pensions Monkey Tom Mcphail, Mallowstreet, the dynamic golfing legend Gurjit Dehl and Madamoiselle Bighair – Ros Altmann. All … Continue reading

Posted in Financial Education, Henry Tapper blog, mallowstreet, Payroll, pension playpen, social media | Tagged , , , , , , , | 5 Comments

Payroll folk and Pensions should be friends

Well ok, it’s not as glam as the farmer and the cowboy in Oklahoma, but there’s that same edge between payroll and pension people . This blog’s about how we’re getting it together- thanks to some lucky chancs- some serendipity! Serendipity … Continue reading

Posted in auto-enrolment, dc pensions, Payroll | Tagged , , , , , , , | 3 Comments