Tag Archives: workplace pension
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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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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How do you compare pension default funds?
An old colleague contacted me yesterday with a simple (but great) question. “how do you compare pension default funds”. I can speak on this for First Actuarial, who provide the investment ratings on default funds for the Pension … Continue reading
Posted in pensions
Tagged annuity, Apples and pears, auto enrolment, Business, CDC, choose, Choose a Pension, compare, dc pensions, default, FCA, Financial services, Investment, investment consulting, National Employment Savings Trust, NEST, pension, pension default, Pension new, pension playpen, Pension Regulator, pensions, Retirement, workplace pension
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Come on Sage – you can and should do better!
Sage are a great British success story. Over the past 20 years they have become pre-eminent as a payroll software supplier and latterly a portal for a range of back-office business solutions. Www.pensionplaypen.com is itself a business customer, using SagePay … Continue reading
Ten things everyone should know about workplace pensions
Pensions are difficult; how can buyers choose one from another? Look from the list of categories at the attributes that IFAs consider important when deciding on a pension? Confused? …… I was! The traditional … Continue reading
Getting it right on choice – a pragmatic view.
People like choice but are afraid of taking decisions. This paradox has puzzled pension people for a long time. People think that having 170 fund choices on their personal pension is good news, but 90% of us make no choice … Continue reading
Posted in auto-enrolment, pensions
Tagged auto enrolment, choice, Ros Altmann, workplace pension
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