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Tag Archives: Payroll
An inflation-busting “pay-rise” for low earners – but “who pays?”
The Government’s announced that for pay periods starting on or after 1st April 2020 the National Living Wage (NLW) will increase by 6.2% – four times the rate of inflation. The NLW (for over 25 year olds) will increase from … Continue reading
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Posted in accountants, age wage, pensions
Tagged National Insurance, NMW, NWL, Pay, Payroll, pensions, Tax
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Let’s kick the dogs out of the manger!
A good reason why pension dashboard infrastructure should be open … any payroll provider could then include pension information directly on payslips. I expect that is far more effective than signposting a single government provided dashboard — alan chaplin (@achaplin71) … Continue reading
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Posted in advice gap, age wage, pension playpen, pensions
Tagged AgeWage, Payroll, Pension Dashboard, pension playpen, pensions
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A progressive way to talk about pensions
A progressive approach to workplace pensions Yesterday I talked about the importance of reporting, both to and from employers. Employers want to understand how their workplace pension is working and savers want to know how their money is doing. The … Continue reading
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How are your staff’s pensions getting on?
If you remember back to the mid part of this fading decade, one of the issues facing the 1.4m employers who had to stage auto-enrolment, was which workplace pension to choose for your staff. If you were part of … Continue reading
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Posted in age wage, open finance, Payroll, Pension Freedoms, pension playpen, pensions
Tagged NEST, Payroll, Pension Freedoms, pensions, Peoples
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The best audience I will have all year – thanks CIPP!
Take a look at the audience above and you will see what I saw when I arrived to speak- not a single empty chair , everyone paying attention and a great gender mix. The Chartered Institute of Payroll Professionals … Continue reading
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Posted in advice gap, Payroll, pension playpen, pensions, Pensions Regulator
Tagged AgeWage, auto enrolment, CIPP, Payroll, pension playpen
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Can awards be rewarding? You bet they can!
My old firm, First Actuarial, didn’t do awards. They got grumpy when they got nominated (by me) and they made it official policy not to compete against their peers. You can see the sense in that, money spent on tables … Continue reading
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Posted in Payroll, pensions, Pensions Regulator
Tagged #therewards, @rewardstrategy, Award, Payroll, pensions, reward, reward strategy
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Pension’s “unknown unknowns”
This one takes some beating for nerds interested in the nuts and bolts challenges of building a mass workplace #pensions system:https://t.co/vR638ugBgr — Gregg McClymont (@greggmcclymont) September 17, 2019 Gregg tweets a story run by the FT almost a year after … Continue reading
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Posted in advice gap, age wage, auto-enrolment, Payroll, pensions
Tagged auto enrolment, Payroll, pensions
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How payroll won friends and influenced Government
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?
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
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Payroll are tomorrow’s Pension Experts!
I spoke at the CIPP Conference at the National Exhibition Centre at what payroll can do to help staff understand pensions and in particular – the pension freedoms. Here are my slides I think there are three things that hold … Continue reading
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Posted in Payroll, pensions
Tagged CIPP, first actuarial, Freedoms, Payroll, Pension Freedoms, pension playpen, pensions
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