Auto-enrolment

It’s time for industry to commit to AE

Professional Pensions | 23 May 2013 | 07:03 | To read this article you must be a subsriber

If you know me you’ll realise I’m not a morning person and so the prospect of being in the City bright and early for a Pensions Network event filled me with dread.

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Industry warns AE revisions must not penalise early stagers

The Department for Work and Pensions (DWP) must avoid penalising the largest employers when it simplifies auto-enrolment legislation, warn consultants.

Professional Pensions | 23 May 2013 | 07:00

The Houses of Parliament in London

DWP examining hybrid scheme loophole Pensions Bill fails to close

The Department for Work and Pensions (DWP) is still examining how auto-enrolment will apply to hybrid schemes after the draft Pensions Bill failed to close a loophole.

Professional Pensions | 23 May 2013 | 07:00

OTHER AUTO-ENROLMENT ARTICLES

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Pensions industry must 'prove itself to govt', says ABI

The pensions industry must prove to government that it is "part of the solution to the pensions issue and not the problem," the director of life, pensions and savings for the Association of British Insurers (ABI) has said.

Professional Pensions | 20 May 2013 | 11:21

graduates77

Poor workplace savings barring next generation from careers

Majority of employers say poor retirement savings, as a result of defined contribution schemes, will lead to an inability for them to take on younger employees and graduates, research from Hymans Robertson shows.

Professional Pensions | 20 May 2013 | 10:32

hollingworth-lee-hymans

EXCLUSIVE: Hymans Robertson launches DC service using replacement income target

Hymans Robertson has launched a defined contribution (DC) offering called Guided Outcomes (GO), which focuses on retirement income replacement rates rather than pot size.

Professional Pensions | 20 May 2013 | 10:31

Tom Petty Walk of Fame star courtesy of Mr Bullitt on Wikipedia

Exclusive: Pot follows member scheme launched for film industry

Helm Godfrey has launched a multi-employer, auto-enrolment compliant pension scheme for the film industry.

Professional Pensions | 17 May 2013 | 12:24

A call centre worker

Member call volumes up by a quarter last year

The number of scheme members contacting call centres for information about their pensions has grown significantly over the last year, says Equiniti Paymaster.

Professional Pensions | 16 May 2013 | 12:21

carberry-neil-cbi

Two years until the general election: What now for pensions?

In many ways, this has been a radical government when it comes to pensions policy: introducing automatic enrolment from 2012; raising the retirement age in line with increased longevity; and simplifying the state pension so everyone is clear on what they can expect, and when.

Professional Pensions | 16 May 2013 | 07:00 | To read this article you must be a subsriber

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Contractual enrolment ‘does not replace auto-enrolment duties’

Contractually enrolling staff into a scheme does not relieve employers of their statutory auto-enrolment duties, consultants have warned.

Professional Pensions | 16 May 2013 | 07:00

carberry-neil-cbi

CBI demands end to constant reforms

The Confederation of British Industry has called on the government to allow employers time to adapt to pension reform before introducing any more new measures.

Professional Pensions | 16 May 2013 | 07:00

the-young-ones

Stop patronising Generation Y on saving

Generation Y isn’t engaged. Generation X is too busy playing video games. Young people must start saving for their retirement but are too distracted with student debt.

Professional Pensions | 16 May 2013 | 07:00 | To read this article you must be a subsriber

webb-steve

Webb: Consultancy charging undermined AE

Pensions minister Steve Webb has described consultancy charging as “a classic example of how the industry allowed itself to get bad headlines.”

Professional Pensions | 15 May 2013 | 14:50

Pensions library

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Good Practice Principles in Modelling Defined Contribution Pension Plans

The Pensions Institute provides 15 good practice principles in modelling defined contribution pension plans. These principles cover the issues such as: model specification and calibration, modelling quantifiable uncertainty, modelling member choices and modelling longevity risk.

 

barclayscover

Don’t let it get out of hand: Keeping control of auto enrolment

After what has felt for many like an eternity, auto enrolment has finally arrived. As the UK's largest employers complete the process, now is an ideal time to consider some of the lessons learned so that employers with auto enrolment on the agenda for 2013, can avoid some of the pain and pitfalls that may occur along the way.

This whitepaper provides a checklist to ensure you are compliant with the new legislation.

 

 

Job of the week

Events

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WSB Healthcare Select 2013

23 May 2013

London, UK

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The Pensions and Benefits Show 2013

12 Jun 2013

London, UK