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 […]

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 […]

The Gender PENSION Gap

As part of new UK regulation, thousands of employers (employing over 250 employees) as of 4th April 2018 are now required to publish their gender pay gap figures for the first time and the information published so far, has shown that there is still a gender pay gap for women in companies. This gender pay […]