All auto-enrolment articles – Page 34
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Opinion
Nest: Keeping our eyes on the prize
Talking Head: With all the change happening, it is really important we continue to focus on completing the job of successfully implementing auto-enrolment.
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News
Battle of growth v consolidation in DC market
Pension providers should cut costs by close to a third to capitalise on opportunities in the UK’s defined contribution market, a white paper has said, but consultants questioned the potential for new market entrants.
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News
SME auto-enrolment prep work exceeds industry expectations
A third of small employers staging in Q1 signed up six months or more ahead of their deadline, but experts have said this encouraging picture could change as micro-employers get set to auto-enrol this summer.
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News
Smaller employers begin to see wider advantages of AE, challenges remain
More than half of small businesses have a positive view of auto-enrolment once they complete the staging process, research has shown, but experts say navigating its complexities will continue to burden many employers.
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Opinion
What will the election result mean for the pensions industry?
We’re on the final run in to the general election and still have no clear idea what the next government might look like.
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News
Council funds report low take-up of 50-50 option
The option for local authority staff to halve their pension contributions while retaining other benefits has seen take-up below expectations, as the local government reforms bed in.
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News
Schemes risk regulatory intervention as AE non-compliance to rise
Compliance notices issued to auto-enrolling schemes will rise, the Pensions Regulator has said, as the watchdog detailed its new three-year strategy within a revised lower budget.
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Opinion
Regulator: 11 steps for smaller employers readying for AE
The Pensions Regulator has this week launched a new step-by-step guide to help small businesses prepare for their auto-enrolment duties.
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News
Why the regulator will not publish a definitive list of AE schemes
The industry has given a mixed response to the Pensions Regulator’s decision not to publish a list of auto-enrolment schemes available to smaller employers, with some suggesting it could do more.
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Opinion
Four graphs on why auto-enrolment is just the first step
Data released by the Office for National Statistics give more evidence automatic enrolment is driving up participation in pension schemes, but a growing proportion of payments to defined contribution schemes languish at 2 per cent, with public sector contributions outpacing private.
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Opinion
Finding the right ratio of stick to carrot in pensions regulation
It is an oft-repeated but welcome mantra from the Pensions Regulator that its approach to regulation is based firmly around “educate, enable and enforce”.
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News
Premier Coffee's AE staging met by radio silence
After a year preparing for auto-enrolment, Costa franchise Premier Coffee did not receive a single follow-up enquiry from its 120 eligible staff, and only a handful of opt-outs, demonstrating the engagement challenge facing UK employers.
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Features
Does your pension scheme work for younger savers?
Young people's participation in pension schemes is on the up, thanks largely to auto-enrolment, challenging their managers to plug into the needs of their changing membership profiles.
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Opinion
What a Labour government could mean for pensions
With fewer than 100 days to go to the election, it is shaping up to be probably the most interesting in living memory, unlike any we have seen before.
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News
AE concerns grow as non-compliance jumps
Consultants have called for increased efforts to break down the complexities of auto-enrolment for smaller employers as data from the Regulator revealed a sharp increase in non-compliance actions in the final three months of last year.
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News
Study forecasts DC market tripling by 2024, led by TDFs
A market report has predicted defined contribution pensions will triple in size to £787bn within the next decade with target date funds leading the way, but its bullish growth predictions have been questioned.
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Opinion
Webb: Why a soft launch is right for automatic transfers
It is sometimes claimed that all the necessary legislation to deliver a successful programme of auto-enrolment was passed by the previous government. Under this version of history, all the coalition had to do was sit and watch its success.
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News
Guidance questions leave employers wavering on workplace education
Industry experts have reported employer doubts over the effectiveness of the guidance guarantee, but have also predicted the service could act as a catalyst to review their financial education programmes.
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Opinion
Tax allowance boost could buffer SMEs against rising AE costs
The Association of Consulting Actuaries has called for action to help alleviate the financial pressure on small companies resulting from the statutory increases in auto-enrolment contributions.
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News
Marine Harvest's trilingual roadshow keeps opt-outs in single figures
Salmon supplier Marine Harvest used boats, planes and cars to reach employees across the far reaches of northern Scotland, in a face-to-face auto-enrolment communication campaign that reflects the challenges faced by remote employers.