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Tag: auto-enrolment

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No time to waste: minimum pension contributions must rise
Blog

No time to waste: minimum pension contributions must rise

A significant increase in the minimum contributions to workplace pensions is required according to a new report by the Association of British Insurers (ABI).[1] With the tenth anniversary of the introduction of automatic enrolment (AE) into workplace pensions [..]


Addressing increases to auto-enrolment contributions to maximise financial wellbeing
News

Addressing increases to auto-enrolment contributions to maximise financial wellbeing

In April 2019, the final level of auto-escalation for minimum employer and employee contributions to defined contribution (DC) pension schemes came into effect, with employers required to contribute at least 3% of an employee’s salary into the pension pot, while [..]


The time is now
News

The time is now

Long on the horizon, automatic enrolment is set to become a reality for small and medium-sized charities. Ian Bird advises on how to make implementation a painless process. Charities are getting closer to their auto enrolment staging date, where they will be [..]


Autumn statement- greater pension education needed
News

Autumn statement- greater pension education needed

Director at Secondsight, Ian Bird responded to yesterday's Autumn Statement and the changes announced to pensions. The weekly basic state pension will rise by £3.35 and taking the flat rate state pension to £119.30 from April – the biggest increase in pension [..]


Secondsight supports re-enrolment second chances
Blog

Secondsight supports re-enrolment second chances

October 2015 marks the three-year anniversary since automatic enrolment launched in the UK, and the country’s largest employers enrolled eligible staff into a pension. It seems like only yesterday, and time certainly has ‘flown by’. A lot has been made of [..]


The highs and lows of auto-enrolment
News

The highs and lows of auto-enrolment

Secondsight partner Matthew Mitten discusses the opportunities and challenges of auto-enrolment for advisers and their corporate clients In an article featured in Money Marketing, Matthew Mitten discusses all things auto-enrolment including; the Government's [..]


Links of London sees 0.8% auto-enrolment opt out
News

Links of London sees 0.8% auto-enrolment opt out

Secondsight client, Folli Follie has seen just 4 of its auto-enrolled Links of London employees opt out of its new group personal pension (GPP) plan since its staging date on 1 November 2013. As well as introducing a new GPP, Secondsight delivered a series of [..]


Third of small firms refuse to comply with AE
News

Third of small firms refuse to comply with AE

Almost a third (32pc) of small and medium sized businesses (SMEs) have admitted that they plan to ignore the forthcoming auto enrolment legislation. As a result, they could face fines of up to £30.4m per day. Read the Telegraph Online article in full [..]


Auto Enrolment – how employers are finding it
News

Auto Enrolment – how employers are finding it

Auto Enrolment - how employers are finding it 8 months in to Auto-Enrolment, the June edition of Employee Benefits Magazine speaks to our client, The Whitgift Foundation about their auto-enrolment experience. Helen Bidgway, head of HR at The Whitgift [..]


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