Category Archives: Payroll

What employers can do to get their members better pensions

Posted on July 31, 2015 by henry tapper

Yesterday I had a chance to talk with a large employer about what they can do to help improve the outcomes of their DC plans. Influencing employees to get the best out of their pension savings means getting them to … Continue reading →

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When the dust settles…

Posted on July 9, 2015 by henry tapper

For the second time in two years, George Osborne has produced a budget that will radically change the way we thing about retirement saving. If 2014 was the year we re-thought the way we spent our retirement spending, 2015 asks … Continue reading →

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If NEST’s web services are “free” – who’s picking up the tab?

Posted on June 14, 2015 by henry tapper

  Employers who choose NEST will be able to onboard directly from payroll assuming payroll holds the information NEST needs to set-up. As with most things NEST do , the announcement this week that they have created a suite of … Continue reading →

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Is commission really dying?

Posted on June 4, 2015 by henry tapper

There has been nothing that has so harmed the image of pensions over the past thirty years as the deception of commission. I don’t want to use phrases such as “lack of transparency” or words like “opacity” words like these … Continue reading →

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The cost of auto-enrolment

Posted on May 23, 2015 by henry tapper

  Charlotte Clark – one of the architects of auto-enrolment and now head of private pensions in the DPW – is an economist. She is familiar with cost having worked in a corresponding position in the Treasury and it was … Continue reading →

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Auto-enrolment needs payroll and advisers on the same page.

Posted on April 9, 2015 by henry tapper

News reaches me from up north of an abrasive public meeting in which a major payroll disputed the value of financial advice in staging auto-enrolment. I need not name names, sadly it comes as no surprise to hear a payroll software providers … Continue reading →

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Two thirds of SMEs are pension virgins.

Posted on March 31, 2015 by henry tapper

New research is out on the purchasing intentions of the remaining 1.2m employers who aren’t “in” to auto-enrolment. Of the  SMEs surveyed who are yet to stage, two thirds (66%) don’t have any existing pension arrangements for their staff while … Continue reading →

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The Auto-Enrolment Squeeze (and how to get through it)

Posted on March 24, 2015 by henry tapper

You know that feeling when you get to the back of a motorway queue and you see traffic extending into the distance.? If you’re lucky you can see the problem ahead from the blue police lights and as you edge … Continue reading →

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“Beware the mastertrust my son!” 6 reasons to be careful

Posted on February 6, 2015 by henry tapper

  Ok. It may not have jaws that bite or claws that clutch or be quite as frightful as the Jubjub bird, but the mastertrust may be no friendlier than Lewis Carroll’s Jabberwock. This is not a trendy thing to … Continue reading →

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Payroll – the new paymasters?

Posted on February 1, 2015 by henry tapper

It is a truth universally to be acknowledged that the man who bills the client is likeliest to get rich. We have got used to insurance companies and advisers controlling the price of our pension savings schemes. But  by April … Continue reading →

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