How Long Is A Piece Of String?
How Long Is A Piece Of String? Typically, the main queries I’m asked as a Pension Adviser from members of Workplace Pensions tend to revolve around the level of income that they may need in retirement. How much is enough? What is the average? What do others do? These are the commonly asked questions and […]
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 […]
Pension Contributions – What Basis?
Pension Contributions – What Basis? Automatic Enrolment legislation has now been around for 7-8 years and apart from the big FTSE companies and large SME’s who were likely to have already had established pension arrangements, I don’t think it’s unfair to say that ‘some’ pension arrangements may have been set up a little hastily with […]
Auto Enrolment Pension Contribution Basis – Self Certification
Auto Enrolment Pension Contribution Basis – Self Certification It is now 12 years since the government introduced the Pensions Act 2008 which led to the most significant change to workplace pensions for a decade, “Auto Enrolment”. I expect you assume like most employers that auto enrolment is finished and adding staff to the pension is […]
A Goal Without A Plan Is Just A Wish
A goal without a plan is just a wish We all dream, don’t we? Sometimes these dreams are good dreams, sometimes they are not so good. We tend to wake after a dream with thoughts on what has just happened, asking ourselves, what the hell does that mean and often, how can I make that […]
Pension Governance: Why it’s important
Pension Governance: Why it’s important Following the introduction in the Pensions Act 2008, of Automatic Enrolment, most employers have now staged and set up their Qualifying Workplace Pension scheme. There is a misconception that Auto Enrolment is finished, and it is back to business as usual. Unfortunately, its not that simple. The Pension Regulator (TPR) […]
Benefits of Communication
The Benefits of Communicating with Employees Founded in 1998, Group Risk Development (GRiD) aims to promote and enhance the status and uptake of corporate group protection benefits on behalf of its members within the UK insurance, reinsurance and adviser markets. GRiD has conducted regular employer research since 2009 and the purpose of the 2019 survey […]
Group Income Protection – An important benefit for all age groups
You’d be forgiven for assuming that income protection is a benefit people need later in life when age-related illnesses and conditions become more common. However, this really is a benefit which should also be valued by younger members of your workforce. More and more people in their 30s are making claims for Income Protection benefits. […]
Losing the Pension Pot?
The Office for National Statistics (ONS) released its annual survey of occupational pension schemes in June 2019 and this identified some interesting trends in relation to Workplace Pensions. One of the key statistics that instantly jumped out at me, was a surge in the number of dormant pensions in recent years. Since auto enrolment was […]
Moving on up
It’s not unreasonable to say that Automatic Enrolment has been a success with findings from the 2018 Department of Work and Pensions (DWP) evaluation report on the topic showing: As at June 2018, rates of opt-out / stopping contributions into a pension after the opt-out period have remained consistent with levels before the contribution increase […]
