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Auto-enrolment
PB Show: AE comms and project management biggest worries for pension professionals
Communication and overall project management are the biggest concerns facing pension professionals in the current market, according to a poll conducted at the Pensions and Benefits Show 2013.
19 Jun 2013
Now Pensions adds Fitness First to client list
Now Pensions has been appointed auto-enrolment (AE) provider for leisure chain Fitness First.
18 Jun 2013
PB Show: TPR to 'proactively investigate' industries with greatest risk of AE non-compliance
The Pensions Regulator (TPR) is expanding its compliance unit to enable it to ‘proactively investigate’ companies and industries with a high risk of failure to comply with auto-enrolment duties.
13 Jun 2013
PB Show: McDonalds reports opt out rates of less than 2.5%
McDonalds has reported opt out rates of less than 2.5% after auto-enrolment (AE) staging.
12 Jun 2013
PB Show: Early opt-out rate figures ‘skewed’ by employer size
Early opt-out rates for auto-enrolment (AE) are “skewed” by employer size, KPMG DC director Andy Seed warns.
12 Jun 2013
PB Show: Auto-transfers could be extended to DB – Webb
Pensions minister Steve Webb has said he envisages automatic transfers being used in defined benefit (DB) schemes to counter the issue of deferred members.
12 Jun 2013
HMRC proposes protection for savers hit by latest tax relief cut
HM Revenue and Customs has launched a consultation on two new forms of protection for people caught unfairly by the government’s most recent cuts to the lifetime allowance (LTA).
12 Jun 2013
PB Show: Employers have ‘sacred duty’ to provide good pensions - Webb
Pensions minster Steve Webb is praising employers for “stunning examples” of firms going the extra mile to engage employees during auto-enrolment (AE) resulting in opting-in becoming the norm.
12 Jun 2013
When to report AE non-compliance
The Pensions Regulator (TPR) today published its code of practice on maintaining contributions, and included a list of instances when trustees must report payment failures.
07 Jun 2013
TPR reveals final details of AE contribution monitoring regime
The Pensions Regulator (TPR) has relaxed proposed guidelines on how trustees and providers of auto-enrolment schemes should report missed payments, after concerns were raised by the industry.
07 Jun 2013
Standard Life and Punter Southall launch AE package for SMEs
Standard Life and Punter Southall Defined Contribution Consulting (PSDCC) have signed a strategic auto-enrolment (AE) deal for small to medium enterprises (SMEs).
06 Jun 2013
Organisations ‘falling foul’ of auto-enrolment requirements
UK employers incorrectly believe they are prepared for auto-enrolment, while in fact they are falling short of compliance by relying on ‘blanket pension arrangements’, consultants have warned.
05 Jun 2013
NEST doubles membership to 210,000 since April
The National Employment Savings Trust (NEST) has more than doubled its membership figures within the last month, according to its latest figures.
05 Jun 2013
Webb: DA update due 'in the summer'
Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.
04 Jun 2013
DWP to call for evidence on DC quality standards
The Department for Work and Pensions (DWP) will call for evidence on quality standards across all defined contribution schemes later this year.
30 May 2013
Plans to avoid AE reveal employers' pensions antipathy
A number of smaller employers are planning to avoid auto-enrolment compliance citing the legislation as “designed solely to allow the government to steal more money.”
28 May 2013
DWP fails to close hybrid scheme loophole
The Department for Work and Pensions (DWP) is still examining how auto-enrolment will apply to hybrid schemes after the draft Pensions Bill failed to close a loophole.
28 May 2013
Learning the AE lessons: How McDonald’s did it
Auto-enrolment is the biggest challenge employers and the pensions industry face today.
28 May 2013
Towers Watson: Employers should budget for high AE take-up rates
Over 90% of employees in FTSE100 companies are taking up pension schemes where their employers are auto-enrolling members, research from Towers Watson has found.
22 May 2013
CSC adds reward programme and delays AE
CSC is introducing a bonus and reward programme to its 7,500 UK staff and is also delaying its auto-enrolment staging date by three months.
21 May 2013Benefit guide
Features
Getting dental care right
It has been a tumultuous year for the dental market. Following an investigation into the industry by the Office of Fair Trading and numerous studies around pricing, Hannah Uttley looks at the impact for employers and staff.
Financial education in the workplace
With the government responding to online campaigns for wider financial education, Owain Thomas investigates what employers should be doing.
Auto-enrolment Conjecture
Healthcare Conjecture
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Events
Pensions and Benefits Show 2013
The programme for the Pensions and Benefits Show, which takes place on 12-13 June at ExCel in London, has now been unveiled.
WSB Awards
WSB has launched the Workplace Savings and Benefits Awards 2013 - the only award event to recognise both employer and provider excellence.
Briefings
Resilient Dynamism: The World Economic Forum’s Global Risks Report 2013
The World Economic Forum’s Global Risks 2013 report is developed from an annual survey of over 1,000 experts from industry, government, academia and civil society who were asked to review a landscape of 50 global risks.
AE Implementation: Choose the Right Path
Aviva has successfully supported employers through staging and implementation of auto-enrolment. Thankfully, none have needed the thornbush, and none have come close to the cliffs, but all have struggled at times with the enforced downhill speed toward their staging date. So what have we learned so far?
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