Tag Archives: Workie

A lot more people earning £10k or less are “in” and some don’t even know it.

Posted on November 23, 2015 by henry tapper

I was talking to an auditor recently who had questioned why someone who cleaned her client’s office in the morning and was on £120 pw had been considered an eligible jobholder – and auto-enrolled. It turned out that the cleaner submits an … Continue reading →

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Crowd-sourcing a solution to the net-pay pension problem.

Posted on November 23, 2015 by henry tapper

The people who are losing out on Government contributions into their workplace pensions because their schemes work on net pay rather than “relief at source” are oblivious of this problem, they serve coffee in Costa, work in nursing homes and … Continue reading →

Posted in auto-enrolment, Blogging, journalism, NEST, now, Payroll, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , | 2 Comments

Preparing for an auto-enrolment capacity crunch.

Posted on November 22, 2015 by henry tapper

The Telegraph is running a story suggesting that the DWP are drawing up a plan B for auto-enrolment that could see the timeline for initial staging stretch to the next decade. Nannies, gardeners and staff at small firms may not get … Continue reading →

Posted in accountants, actuaries, advice gap, auto-enrolment, NEST, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

TPR gets a kicking from Altmann on “Workplace Pension Choice”.

Posted on November 17, 2015 by henry tapper

In a spectacular piece of reporting, the FT’s Josephine Cumbo has exposed a structural weakness at the centre of Auto-Enrolment;-  the failure of the Pension Regulator, the advisory trade bodies and the FCA to provide proper guidance to our 1.8m employers … Continue reading →

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Sustainable pricing is key to workplace pension support!

Posted on November 16, 2015 by henry tapper

  That Workie lumbering around the park has a price tag. If he’s the NOW workie, he costs £40pm and if he’s People’s Pesnsion’s Workie you need to dish out £3-500 to use him in your workplace . Standard Life … Continue reading →

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How much support do we get from our Workie?

Posted on November 13, 2015 by henry tapper

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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There is only one thing in life worse than being talked about……Guest blog by Ralph Frank

Posted on October 29, 2015 by henry tapper

The pensions freedoms announced in the 2014 Budget are claimed to have made defined contribution (“DC”) pensions more effective in helping people retire.  This view is set out in the 2015 CBI/Mercer Pensions Survey, ‘A view from the top’.  The … Continue reading →

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Helping employers with pensions – you don’t have to be an IFA!

Posted on October 27, 2015 by henry tapper

Since RDR in January 2013, the number of IFAs operating in Britain has more than halved from 50 to 24,000. The ban on commission or its sibling “consultancy charging” has made it all but impossible for IFAs to make money … Continue reading →

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Pensions on Coronation Street (nearly)

Posted on October 22, 2015 by henry tapper

Obsessed as I am by Kylie and David Plarr,I got home last night just in time ,switched on Gogglebox and  saw Workie’s walk in the park. I have so far counted four people I know who like the DWP’s awareness campaign … Continue reading →

Posted in advice gap, auto-enrolment, pensions, PLSA | Tagged , , , , , | 3 Comments

What to make of Workie?

Posted on October 21, 2015 by henry tapper

@ The DWP Press Office twitter feed is a bit of a mess this morning ‘Pensions? Where we’re going we don’t need pensions…’ #DontIgnoreIt #BackToTheFuture https://t.co/fWkyXT9qBY pic.twitter.com/G1Pjx7P2oO — Department for Work and Pensions (@DWPgovuk) October 21, 2015 https://twitter.com/Macademimama/status/656797618215997440 Hey @UniversalPics, … Continue reading →

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