Automatic Enrolment: the success and the future
Pension automatic enrolment is nearly 10 years old; do you think it has been a success? Do you think it’s time for the rules to change? These are questions I am quite often asked and, in my opinion, yes, pension automatic enrolment has been a success in making more people save for their retirement. Following […]
Helping your employees in the current cost of living crisis
I am now often asked; how can we help our employees with the cost-of-living crisis? Whilst many companies are paying one off cash lump sums to their employees to help, this can be costly to a company and the employee has to pay tax and NI so will typically only receive around 70% of the […]
Taking no action could lead to fines
I quite often come across old Defined Contribution Trust-Based pension schemes that employers have had in place before Workplace pensions or even Stakeholder pensions. I am asked, ‘What should I do with this old pension scheme, I don’t even know who these people are!’. It is clear that some employers don’t know the full extent […]
International Women’s Day – Why just one day and what did we learn?
International Women’s Day was a global day celebrating the social, economic, cultural, and political achievements of women. Many facts and figures were issued on this day, but they apply to women all year round. Here are some highlights looking specifically at some financial implications for women. Pensions It was published in January 2022 by the […]
What happens to your pension during your maternity leave
If you’re planning to take time out of work to have a baby, chances are your pension isn’t high on your list of immediate priorities. Ensuring your finances are in order is as essential as preparing for being a new parent and the sleepless nights. In addition to your maternity pay, it’s important to think […]
Staff have reviewed the value of their Employee Benefits due to Covid-19. Have you, as an Employer reviewed what you offer your Employees?
According to recent research1, 46% of employees say that the Covid 19 (Coronavirus) pandemic has made them review the value of the benefits their employer offers when deciding to stay with or join a new employer. The research also found that 33% of employees want their employer to prioritise health over lifestyle benefits. In addition, […]
Did you know that claiming Child Benefit helps towards your State Pension?
Many women take a career break to bring up their children. But how does this affect your State Pension and how can you check that you will receive the correct entitlement? You will only receive the full amount of State Pension if you have paid or been credited with, National Insurance contributions for 35 years. […]
Pension Scams – Help your employees be ScamSmart
Would you give your pension fund or advise your employees to give their pension fund to a man you have just met? You and your employees would have seen the Financial Conduct Authority (FCA) and The Pensions Regulators (TPR) advert telling you not to let scammers enjoy your pension savings. They have joined forces on […]
How employers can help with the emotional wellbeing of their staff whilst working at home
Employers can help with the emotional wellbeing of their staff whilst working at home
Employers can help with the emotional wellbeing of their staff whilst working at home The instant Working at Home revolution has shown how adaptable the UK work force can be when required. We are all embracing new ways of working with technology, such as Microsoft Teams and Zoom to stay in touch with clients and […]