Tag Archives: Workie
A lot more people earning £10k or less are “in” and some don’t even know it.
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
Crowd-sourcing a solution to the net-pay pension problem.
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 Adrian Boulding, auto enrolment, DWP, henry tapper, Kate Upcraft, net-pay, Pensioins, pension, relief at source, Ros Altmann, Workie, workplace pension
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Preparing for an auto-enrolment capacity crunch.
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 auto enrolment, Business, Business and Economy, corporate governance, corporate risk, dc pensions, DWP, Employment, Financial services, John Ralfe, Katie Morley, National Employment Savings Trust, NEST, pension, Pension new, pensions, Retirement, Saving, Steve Webb, the Daily Telegraph, The Pension Regulator, Workie, workplace pension
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TPR gets a kicking from Altmann on “Workplace Pension Choice”.
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
Sustainable pricing is key to workplace pension support!
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
Posted in pensions
Tagged durability, DWP, Price, sustainability, the Pension Regualator, Workie
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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
Posted in Payroll, pension playpen, pensions, Workie
Tagged auto enrolment, charges, costs, Legal & General, NOW, NOW Pensions, People's Pension, pricing, sustainable, Workie
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There is only one thing in life worse than being talked about……Guest blog by Ralph Frank
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
Posted in Payroll, pensions, Pensions Regulator
Tagged auto enrolment, Business, DWP, Employment, Financial services, pensions, Retirement, Workie, workplace pension
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Helping employers with pensions – you don’t have to be an IFA!
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
Pensions on Coronation Street (nearly)
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 auto enrolment, pensions, PLSA, we're all in, Workie, workplace Pensions
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What to make of Workie?
@ 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