Tag Archives: Company
Pension PlayPen teams up with aeExchange
Pension PlayPen has teamed up with Juan Ho’s aeEchange to provide a holistic service for employers struggling with auto-enrolment. Many tens of thousands of employers have already benefited from Ho’s software. Remarkably Payroo, which provides an integrated payroll payment and … Continue reading
What award ceremonies are all about
The vast majority of the people who turn up for these events, do so because they’re frightened not to Continue reading
What would you pay to get your firm a proper pension?
£500? That’s what I think should be the procurement cost to get a firm through auto-enrolment staging. Which is not going to please a lot of people who still consider this pension revolution “Business as Usual” and anticipate multiples of current … Continue reading
Who’ll pay the price for an auto-enrolment train crash?
So far – so good! Large companies that have staged auto-enrolment have thrown money at the problem (Lloyds Bank claim more than £1m). But we haven’t had a failure – yet! The DWP thought the average enrolment costs for large … Continue reading
A chance to keep companies with DB pensions solvent
Income and Corporation taxes tend to dominate the mindsets of the rich, they are meaningless to those who don’t pay them. Unsurprisingly, it is the headline aspects of the Chancellor’s autumn statement that have captured the headlines. This small clause was initially … Continue reading
RDR and AE – what future for commissions and advisor-charging?
Every week we get a few more enquiries from concerned employers who are being told by their pension advisers about the changes coming next month from the Retail Distribution Review. There is variation on the theme but the overall message is clear. Pensions “advice” is … Continue reading
Project managing auto-enrolment
I received a polite e-mail from a company’s Finance Director yesterday. “I see First Actuarial are offering a project management service for small and medium sized companies staging auto-enrolment in 2014; I’ve got four questions for you 1. Why should I … Continue reading
Club Pension!
Words resonate in strange ways and when they come in pairs new resonances emerge. Last week, Martin Lewis called “pension” a broken brand (worrying to the owner of the Pension Play Pen). The idea behind the word “club” seems to be under … Continue reading
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
A return to old-fashioned pensions
I enjoyed reading this from Jenny Phipps of Banknote; For many people, having an old-fashioned, defined benefit pension is a real retirement planning advantage. People who have them feel much more financially secure, both as they plan for retirement and … Continue reading