Tag Archives: NEST

An algorithm cannot lie


  An algorithm cannot lie; it will tell you what you set it to tell you with the data you fed it. It has no choice, it is entirely deterministic;- and yet algorithms can help you lie. Let’s take a … Continue reading

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“Only rich people think small amounts don’t matter”


That’s a quote from Debora Price and I’m making it a strap for whatever campaign I can cobble together to make Government Incentives happen for those who qualify for them , but can’t get them because their trustees don’t collect … Continue reading

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“Workie Vicit” – tPR on the state of AE


   The Pension Regulator has published its snappily entitled Automatic enrolment commentary and analysis report 2015/16 The first question I asked as I opened its 45 pages was “who’s it for?“. TPR’s primary stakeholder is the DWP which funds it and … Continue reading

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“The best way forward or the NEST way forward?”


If you are an employer and you have made a decision, there is no liability—that is clear in the legislation. If you have decided to go with NEST rather than NOW: or People’s, there is no liability that can fall … Continue reading

Posted in accountants, auto-enrolment, NEST, now, pensions, Personal Accounts | Tagged , , , , , , , , , , , , , , | 2 Comments

Why every firm must pay attention to their pension


The poet  Yeats , concludes a short poem But I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams. Small employers rely on large organisations to establish, … Continue reading

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Wake up to the PPF!


  It was good to oversleep and wake up not to the lark (metaphorical here in EC4), but to Alan Rubenstein purring about his Pension Protection Fund. Pension Protection Fund figures published yesterday show the lifeboat scheme has £4.1bn surplus and … Continue reading

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The future of NEST


  NEST has called for people and organisations to comment on what it should do when the initial surge of auto-enrolment is over. We have already seen rivals to Sage suggesting it remain circumscribed to its current limited function. We … Continue reading

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Occupational means occupational – (what we can learn from scams)


Scammers beware, we are aware! July is scams awareness month and the Citizens Advice Bureau is leading the charge. The Pensions Regulator is not far behind with its promotional campaign. The scorpion is never far away. It’s very much up … Continue reading

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If I ran a master trust…


Not all of us run a master trust, though you might think it was Britain’s boom industry from the amount of press “master trust proliferation” has got. This blog is here for those who do, and for those who advise … Continue reading

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Who’s afraid of auto-enrolment?


Despite the dire warnings – not that many UK employers New research from workplace pensions provider NOW: Pensions reveals that UK small firms are relatively relaxed about auto enrolment and the introduction of the National Living Wage with concerns focussed … Continue reading

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