AUTOMATIC ENROLMENT Synopsis: As a result of on-going testing and contingency planning an emergency pause facility has been put in place. The National Audit Office has published a report which says that as a last resort an ’emergency pause’ procedure has been put in place that can apply if automatic enrolment is unable to cope […]
Workplace Pensions AKA Auto Enrolment is the finance industries hot topic for 2016. You may have seen the TV and print adds (featuring a rather cute furry monster – shown below) and employers should have also had a letter from The Pensions Regulator (TPR) about the employer duties too. Not sure what to do next, […]
BUDGET 2015 (CON) Synopsis: The pensions minister expresses her views on pensions reform It has been reported that the pension’s minister, Ros Altman, seems set against the development of a merged pensions/ISA product with no constraints on when withdrawals were taken, no tax relief on contribution and no tax on withdrawal. She was commenting on […]
