The UK government plans to expand its auto-enrolment reforms to increase total pension contributions by £45 billion over 30 years. We reveal what the key reforms are and what the potential impact could be.
Currently, in the UK, we’re in the middle of the biggest change in retirement saving rules for many many years. A change which will impact every employer and every employee across the country. A change which is already impacting millions of employees and thousands of employers. Although you might be fully up to date with
The Auto Enrolment rules mean that eligible employees should be automatically enrolled into your pension scheme without any barriers to entry AND without having to make any decision whatsoever! The employee’s only decision is whether to opt-out or continue with pension membership. This places the responsibility squarely on the shoulders of the employers on many
Our very own Clare Kissane gives us an update on what auto-enrolment means to us and how she has been navigating her way through the changes. My original plan was to talk to other small businesses that we know well to find out how they are approaching auto enrolment, to see if I could learn
Big business has already faced auto-enrolment, now it’s the turn of the smaller firm. Petra Griffiths shares the problems she’s come across and explains how to prevent SMEs making the same mistakes.
SMEs need to get their skates on to tackle auto-enrolment, warns Simon Linstead. Small businesses need to secure a qualified adviser now, or they could get caught in a advice ‘bottle neck’.
Auto enrolment is going to mean wholesale changes to the way employers have to deal with workplace pensions. Here’s a quick guide to five dos and 5 don’ts that might help.
Many SMEs are facing bumps along the route to auto enrolment. In his latest blog, Chris Howell suggests a way to smooth the ride.