Tag Archives: auto enrolment

How payroll won friends and influenced Government

Posted on September 7, 2019 by

  This is national payroll week so I’m blogging an article I wrote earlier in the summer for Reward Strategy Magazine. Since the end of the auto-enrolment staging period, I have had less day to day interaction with payroll people, … Continue reading →

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Auto-enrolment – what next?

Posted on September 6, 2019 by

We have got so used to auto-enrolment contribution rates going up as phasing unwinds that it’s actually quite disappointing to think we have no further challenges on the horizon. The Government, in its 2017 auto-enrolment review, promised to introduce a … Continue reading →

Posted in auto-enrolment, pensions | Tagged , , | 1 Comment

What WPS is ACTUALLY saying about pension transparency

Posted on August 5, 2019 by

The headlines are about “rip-off” pension charges, but the WPS Select Committee’s report is a wide-ranging  investigation into the transparency of the pensions industry and not a sensationalist attack on charges. It sets out its stall in the pre-amble. There should … Continue reading →

Posted in advice gap, age wage, auto-enrolment, pensions | Tagged , , , , , , | 1 Comment

What should you say to your staff about pensions next week?

Posted on April 20, 2019 by

Next  week most staff will see for the first time the impact of their increased pension contributions on their pay. They may ask you, if you are the boss or run payroll or pensions or work in HR, what this … Continue reading →

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Now and then.

Posted on February 14, 2019 by

It all started so well – and ended so sadly. Yesterday NOW’s owner, the Government backed Danish Pension Fund announced it was selling it’s UK master trust to Cardano, the Dutch Fiduciary Manager. NOW were the first organisation to seriously … Continue reading →

Posted in pensions | Tagged , , , , | 2 Comments

How do we use our IGCs?

Posted on February 13, 2019 by

My key words in the title are “we” and “our”. The Independent Governance Committee’s set up as a result of the failings in contact-based workplace pensions identified by the OFT, are for us – the consumer. They were not set … Continue reading →

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It’s employers that did it! Rudd should be thanking them for “her” policy success

Posted on February 12, 2019 by

      I’m pleased to see that attempts to re-write history by the Conservative party have been foiled by the ever-vigilant Cumbo. These were not @conservative party reforms. Automatic enrolment resulted from a cross-party consensus and was introduced by … Continue reading →

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NEST’s Sidecar Savings Project

Posted on January 28, 2019 by

The low-paid in this country are not well served by pensions. So NEST Insight’s Sidecar Initiative should be welcome. In November it launched its sidecar savings trial and announced which organisations will take part in the research. Whether those the … Continue reading →

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What is the net pay anomaly?

Posted on December 21, 2018 by

      UK government spending on pensions and top-up benefits for pensioners amounts to 5.9 per cent of GDP – and this figure is projected to increase to 6.3 per cent over the next half century. In addition, the … Continue reading →

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

Auto-enrolled through L&G/Ease – read this.

Posted on December 11, 2018 by

This blog is written for employers and advisers who have used or assisted with the ITM eAsE link to L&G’s workplace savings Plan. You are where you are – here is some context and some thoughts on your position] For … Continue reading →

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