All payroll articles – Page 2
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Opinion1.6m reasons why technology is key to auto-enrolment
As our industry is busy preparing for the 1.6m small employers set to auto-enrol over the next two years, we are focused on the scale of the task before us. After all, we are halfway through the biggest shake-up to the pensions sector in our lifetimes.
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News
NESPF saves 108 days with new payroll software
North East Scotland Pension Fund has made “huge savings” in administration costs and time through its new payroll software, allowing it to focus on the changing structure of the Scottish Local Government Pension Scheme.
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OpinionWhat we can learn from the first 3 years of AE
From the blog: Auto-enrolment was always going to be something of a movable feast since the scheme began three years ago.
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OpinionAltmann: Ramping up our auto-enrolment support for smaller employers
Talking Head: Auto-enrolment moved into a new phase this summer when small and micro firms started to join the workplace pension revolution.
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OpinionNest: Taking the hard work out of doing the right thing
Talking Head: Three years into auto-enrolment the industry has learned a lot. This is good news for small and micro employers due to stage.
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Opinion
Top tips for small employers readying for AE
For small businesses faced with auto-enrolment, the need to plan ahead should not be underestimated.
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Features
Cambridgeshire fund tightens payment reporting ahead of regulatory changes
Cambridgeshire County Council Pension Fund has mandated its largest participating employer to detail member contributions, in order to more effectively monitor late payments to the scheme as new reporting requirements come into play.
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Features
Somerset and Devon tighten shared admin strategy to boost employer comms
Somerset County Council Pension Fund and Devon County Council Fund will establish a formal administration strategy in order to improve communication between the schemes and its participating employers.
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Opinion
Let's make friends: Industry pushes for AE data standard
Data have been a sticking point for many schemes and employers. Who can blame them? Of all the areas of pensions, data isn’t the most inspiring and engaging to newcomers.
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News
PPF plots future £4.4m saving from taking member services in-house
The Pension Protection Fund plans to make savings of around £4.4m a year by bringing its member services in-house, the pensions lifeboat’s three-year strategic plan has revealed.
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Features
NESPF automates employer data submission to plug gaps
North East Scotland Pension Fund is working towards implementing a fully automated process for employers submitting member data, after narrowly failing to hit all the Pensions Regulator’s targets for common data accuracy.
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Features
SME achieves almost zero opt-outs after enrolling early
Chartered surveyor Dalcour Maclaren has secured a virtually entire take-up of its defined contribution plan since it auto-enrolled its small workforce last year, and now the company is looking to streamline administration of the scheme.
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News
Care provider scheme overhaul nets 8% opt-out rate
The charity Alternative Futures Group has condensed its staff pension plans to two down from five in a bid to simplify its offering for auto-enrolment, achieving an 8 per cent opt-out rate in the process.
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Opinion
How integrated payrolls can slash admin time
One of the many challenges faced by any pension payroll provider is data exchange with the scheme administrator.
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News
Less than a quarter of 2014 stagers ready for auto-enrolment
News analysis: Only 23 per cent of employers staging for auto-enrolment in the first half¹ of 2014 have confirmed their provider and completed everything necessary to be ready to comply, data has shown.
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News
Findel uses auto-enrolment to chisel down costs
Home retail and educational materials supplier Findel has overhauled its existing pension offering to generate savings that will help shoulder the costs of auto-enrolment.
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FeaturesAvon fund upgrades software to reduce data risk
Avon Pension Fund has implemented a new software system to gather member information from employers in order to reduce the risk of errors, as it moves to fully electronic reporting.
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News
NESPF payroll shift cuts 25% from processing time
North East Scotland Pension Fund has implemented an integrated payroll system to provide a more accurate and timely way of paying out benefits to members.
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News
Care UK sees 4% opt-out after comms barrage
Care UK has experienced an opt-out rate of just 3.8 per cent since implementing auto-enrolment in March, putting its success down to an intensive, multichannel communications strategy.
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Opinion
How to beat the auto-enrolment capacity crunch
Many businesses intend to rely on their current pension or payroll provider to assist with auto-enrolment, according to our experience so far. But how much detailed analysis has gone into the feasibility of this approach is open to question.
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