All Auto-enrolment articles – Page 38
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Opinion
Pensions bill receives royal assent: our coverage of the changes
The pensions bill 2013-2014 is scheduled to receive royal assent today, to officially become an act.
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News
Early engagement key to guidance success, managers say
Pensions managers at two leading UK employers have called on schemes to communicate with their members well in advance of their retirement age, as schemes react to the government's guidance guarantee.
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News
SME 'genuinely worried' about Budget impact on engagement
A British manufacturer has raised concerns about how the greater retirement flexibility announced in the Budget will impact the success of workplace saving and auto-enrolment, saying employees will need more help to navigate the system.
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Features
Mastertrusts call for governance standards to be made mandatory
Two of the country's largest mastertrusts have called for a legal standard to raise the barriers to entry for providers, as the industry evaluates the Pensions Regulator's assurance framework.
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News
Missed payments case reveals AE compliance lessons for SMEs
The Pensions Regulator has directed an employer to stump up £143,000 in contributions left unpaid due to payroll errors, with industry experts predicting bad press could have a positive impact on smaller employers with their own auto-enrolment problems.
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OpinionRegulator sets AE lesson with first non-compliance report
Editor's blog: The Pensions Regulator has issued a report on how it resolved non-compliance with auto-enrolment by soft-furnishings company Dunelm, the watchdog keen to set an example for future employers.
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Features
Regulator reports sharp rise in non-compliance as AE expands
The number of employers failing to comply with their auto-enrolment duties over two months to March 25 nearly matched figures for the entirety of 2013, as the amount of organisations auto-enrolling ramps up.
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Opinion
Why high SME opt-out concerns are groundless
Talking head: Steve Bee seeks to dispel concerns that a much higher proportion of auto-enrolled workers at smaller employers will reject their new benefit and so undermine workplace pensions reform.
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News
SME uses investment guarantee to ensure good AE outcomes
Engineering company Centek has so far seen its defined ambition-like auto-enrolment investment set-up outperform the underpin it created to guarantee a minimum retirement outcome for its workforce of uninitiated savers.
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Opinion
Nest: Meeting the challenges scale brings
Talking head: As its membership hits 1m, Nest CEO Tim Jones reflects on the challenges presented by the state-sponsored pension scheme’s ever-expanding scale.
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News
Charge cap consultation ramps up governance, weakens employers
News analysis: Defined contribution scheme representatives will see governance responsibilities increase after the pensions minister announces further reforms to ensure members get value – with a backdrop of industry debate on the charges cap.
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News
Tech SME: scheme and fee transparency crucial to AE
Technology company Fluidata has said simplicity and transparency of pension arrangements and fees are key to smaller employers navigating auto-enrolment successfully, as it struggled to see value in private providers.
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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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Opinion
Webb: tide finally turning on retirement saving
Figures released last week from the Office for National Statistics indicate that after decades of decline, the tide is finally turning and people are embracing pension saving.
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News
The Cut – Four lessons from the latest ONS pensions data
The Office for National Statistics revealed last week auto-enrolment has so far boosted the proportion of employees that belong to a workplace pension to 50 per cent from 47 per cent.
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Features
SME says auto-enrolment a 'doddle', advice unnecessary
F2 Chemicals has become the latest employer to question the need for external advice and has offered staff a new defined contribution scheme paying in more than the statutory minimum, ahead of its 2015 staging date.
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Features
AE non-compliance expected to increase as SMEs stage
News analysis: Consultants have urged employers auto-enrolling this year to ensure they are dedicating enough resources to the process, with the Pensions Regulator raising concerns about non-compliance.
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NewsOnly a third of workers alerted to AE by employer
Data analysis: Nearly two-thirds of workers heard about auto-enrolment through the media rather than from their workplace, sparking concerns that employers are not playing a strong enough role in communicating the reform.
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Opinion
AE collaborations are a cop-out
In the latest Informed Comment Pension Playpen’s Henry Tapper scrutinises auto-enrolment provider-consultant collaborations.
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News
Hewden: simplicity crucial to managing auto-enrolment
Plant hire company Hewden has stressed simplicity was crucial to its auto-enrolment project, and questioned whether hiring a consultancy always provided value for money.