Category Archives: Payroll
A progressive way to talk about pensions
A progressive approach to workplace pensions Yesterday I talked about the importance of reporting, both to and from employers. Employers want to understand how their workplace pension is working and savers want to know how their money is doing. The … Continue reading
How are your staff’s pensions getting on?
If you remember back to the mid part of this fading decade, one of the issues facing the 1.4m employers who had to stage auto-enrolment, was which workplace pension to choose for your staff. If you were part of … Continue reading
Posted in age wage, open finance, Payroll, Pension Freedoms, pension playpen, pensions
Tagged NEST, Payroll, Pension Freedoms, pensions, Peoples
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The best audience I will have all year – thanks CIPP!
Take a look at the audience above and you will see what I saw when I arrived to speak- not a single empty chair , everyone paying attention and a great gender mix. The Chartered Institute of Payroll Professionals … Continue reading
Posted in advice gap, Payroll, pension playpen, pensions, Pensions Regulator
Tagged AgeWage, auto enrolment, CIPP, Payroll, pension playpen
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Can awards be rewarding? You bet they can!
My old firm, First Actuarial, didn’t do awards. They got grumpy when they got nominated (by me) and they made it official policy not to compete against their peers. You can see the sense in that, money spent on tables … Continue reading
Posted in Payroll, pensions, Pensions Regulator
Tagged #therewards, @rewardstrategy, Award, Payroll, pensions, reward, reward strategy
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Pension’s “unknown unknowns”
This one takes some beating for nerds interested in the nuts and bolts challenges of building a mass workplace #pensions system:https://t.co/vR638ugBgr — Gregg McClymont (@greggmcclymont) September 17, 2019 Gregg tweets a story run by the FT almost a year after … Continue reading
Posted in advice gap, age wage, auto-enrolment, Payroll, pensions
Tagged auto enrolment, Payroll, pensions
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Whitbread – you must pay up on the Government’s pension promise
This blog calls on Whitbread to pay the incentive outstanding to many of their staff before the sale of Costa to Coca Cola. If Whitbread refuses to do so, the Pensions Regulator should block the sale. If Whitbread wants to … Continue reading
Posted in auto-enrolment, Blogging, napf, Payroll, pensions, PLSA, Politics, Retirement, Ros Altmann
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Payroll are tomorrow’s Pension Experts!
I spoke at the CIPP Conference at the National Exhibition Centre at what payroll can do to help staff understand pensions and in particular – the pension freedoms. Here are my slides I think there are three things that hold … Continue reading
Posted in Payroll, pensions
Tagged CIPP, first actuarial, Freedoms, Payroll, Pension Freedoms, pension playpen, pensions
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Must we remain in darkness about our retirement money?
The two comments on this thread from David and Matt, show the two ways that pots could follow member. David’s solution is the solution that Hargreaves Lansdown want our Government to adopt. Matt points out that it could force … Continue reading
Posted in advice gap, Payroll, pensions
Tagged Hargreaves Lansdown, Malcolio, Payroll, pensions, Pythagorous, workplace Pensions
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“Financial Home for the over 50s”
Well that’s what Oliver Wyman is telling insurers with workplace pension books to aspire to be. I haven’t seen this phrase in any IGC report but it does it for me. I well remember meetings when I was at Zurich … Continue reading
Pension paralysis over the net-pay rip off.
I won’t bore you with a list, but there are 31 blogs on this site dealing with various aspects of the net-pay rip-off which is denying hundreds of thousands of low-paid people the incentive promised them by HMRC for contributing … Continue reading
Posted in Payroll, pensions
Tagged HMRC, Hymans Robertson, net-pay, Paralysis, pensions, Research, tax relief
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