Tag Archives: NOW

We cannot treat low-earners as second class retirees.


I am returning again to the complicated tax situation that people earning under the nil-rate income threshold find themselves in when saving into pensions. I’m doing so for three reasons From a societal point of view , it is wrong … Continue reading

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The Pension Regulator should not market workplace pensions.


  In his statement to announce his scheme’s withdrawal from tPR’s list of workplace pension providers Morton Nilsson claims NOW: Pensions has always been a huge supporter of the master trust assurance framework and was one of the first providers … Continue reading

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The past, present and future of Pensions #autoenrolment


On Wednesday , at 5pm , I’ll be explaining these slides at Accountex 2017 – a talk generously sponsored by the Chartered Institute of Payroll Professionals. It’s going to be a fun, provocative and I hope instructive talk and I’m … 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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“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

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Time-Cost will prevail


That “it’s all about payroll stupid!” has become one of the axioms of auto-enrolment strategy. It’s a truism you hear mouthed by people who sell pensions but I’ve not hear many in payroll return the compliment! “It’s all about pensions” … Continue reading

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Choice – we love to have it – we hate to use it!


Choice – a mass of contradictions I’ve noted before that choice is something we feel we cannot do without but is something we generally cannot deal with. It is rare that the phrase ” I had no choice” is used in … Continue reading

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Only we can tell who’s giving VFM on auto-enrolment support!


There’s been plenty of controversy in the last quarter about providers making upfront and regular charges for support. NEST have said they won’t charge – but employers need to be self- sufficient, People’s and NOW will both charge for support … Continue reading

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How much support do we get from our Workie?


Workie – if the DWP’s advertising campaign’s to be believed, is a workplace pension (albeit one looking for friends in the park). We want to know how friendly our Workies really are, how much support they are giving  employers in running … Continue reading

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If you don’t want exit penalties at retirement – stop paying middlemen!


The Daily Telegraph’s Katie Morley is running a typically campaigning piece picking up on stats released to Government that show that an estimated 2.2m pension savers won’t get the full value of their pension pot if they exercise pension freedoms … Continue reading

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