The last few years have presented numerous challenges for sponsors and trustees of UK pension plans – from ever growing deficits in defined benefit (DB) arrangements to the significant compliance challenges of auto-enrolment – there has been much to frown about. Could 2014 be different? In a series of blog posts we will highlight the … Continue Reading
As everyone is looking for signs of economic recovery, the Coalition to laud it and Labour to decry it as fragile, the mass of employment data emerging is coming under increasing scrutiny in the press. For example, now that the Bank of England has decided to link monetary policy to the unemployment rate, there is … Continue Reading
If you’ve been keeping up with my pensions auto-enrolment posts over the last few weeks you will now officially be able to call yourself an expert on the subject*. In honour of this, I’ve put together a short quiz based on some interesting auto-enrolment facts and figures you might not be aware of. The answers … Continue Reading
Here’s a puzzle: so you’ve pulled some strings and booked Dolly Parton to come and perform in a one month tour of your UK offices over the Christmas period. Does this mean you’d have to auto-enrol Dolly in your pension scheme? Employers’ auto-enrolment obligations apply to ‘workers’. That means anyone with a contract of employment … Continue Reading
In not quite breaking news: on October 2012 a long-heralded employer duty was introduced into UK law, under which employers must automatically enroll workers into suitable pension plans and pay contributions into those plans. Though at the time placing one’s head firmly in the sand might have been very tempting, the new law is now … Continue Reading
