About 2 years ago…an email hits my inbox “Hi Chris. Do you fancy coming and playing football and talking about auto enrolment. We’ll film it…” My reply… “erm, can I just talk about auto enrolment. Although I’ve played a little five a side to keep fit I am one of the least co-ordinated football players […]
For those who are ‘into’ automatic enrolment this is obvious news we picked up on. However this raises a question… Should professionals whose core business isn’t automatic enrolment related or businesses who just need to comply really care? and usually the answer would be no. Why would employers care about what the pension regulator aims […]
Recent research from NOW pensions shows that SME employers, on the whole, aren’t leaving themselves much time to prepare. In fact according to the research often they’re leaving themselves NO time to prepare with many not complying with automatic enrolment until after their staging date. This is also reflected on the amount of time before […]
Interestingly for many employers automatic enrolment is relatively new. However for many, including many large and medium sized employers… Automatic Enrolment is ‘old news’ but also ‘under review’ You see we’ve been speaking to quite a few employers who have already complied and complied successfully. They are happy with the fact they complied but feel […]
This year, and for many more this will be the first time, hundreds of thousands of employers need to select a pension for their employees… In some respects this isn’t as hard as it sounds… After all….there’s plenty of choices. There are loads of pension providers, including many traditional pension providers together with 70+ new ‘master trust’ style […]
Last week I wrote about the fact that a recent survey suggested that the majority of small and micro businesses are complying with automatic enrolment and complying in a pretty successful way. However when you’ve got hundreds of thousands of employers who need to comply each and every year you’re going to be in a position where a few […]
By anybody’s standards 6 million people is a lot of people… It’s the population of metropolitan Berlin. It’s just under 10% of the UK population. and It’s the amount (in dollars) of a particular gentleman from a popular 70’s TV show. It’s also the amount of people who are a member of a workplace pension due […]
When it comes to small and micro businesses and the challenge of automatic enrolment there’s a common assumption. The assumption is that small and micro businesses with so much else to do won’t be focusing on complying with automatic enrolment. There’s no denying that there are already some employers who are failing to meet their […]
As we probably all know (especially if you’re a regular reader of my articles) we’re firmly in a period of time where the scope and scale of automatic enrolment is changing. Regulation which once was the concern on thousands of employers, and then tens of thousands of employers is now something that hundreds of thousands employers a […]
Over the last week or so I’ve been taking calls from a number of professionals, including accountants, fellow financial planners and payroll bureaus all with a similar sort of issue. The reason I’ve been getting these calls? Because, as you probably know if you’re reading this, I’m a bit of a geek. I’m also a bit of […]