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Tagged: Automatic Enrolment

The cost of automatic enrolment

Meeting the requirements set up by auto enrolment legislation could cost UK businesses £15.4 billion in set-up costs, according to the 'Finding your way out of the auto enrolment maze' report provided by the Centre for Economic Business Research.

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Matthew Thompson
17 September 2013

SMEs will be vital to the success of auto enrolment

The head of Standard Life, David Nish, will today speak at the Liberal Democrat conference in Glasgow to outline how important SMEs will be to the success of auto enrolment.  

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Matthew Thompson
16 September 2013

Only 24% of micro companies have pension scheme

A recent survey by the Chartered Insurance Institute has shown that just 24% of micro companies  (employing less than 10 employees) currently have a pension scheme in place ahead of their auto enrolment staging dates.

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Matthew Thompson
11 September 2013

Automatic enrolment savings warning

A Scottish Widows Workplace Pensions report has revealed that the contribution rates by employees towards their pensions could be set to fall despite an encouraging auto enrolment opt-out rate of only 8%.

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Matthew Thompson
10 September 2013

Industry perceptions of The Pensions Regulator published

With more and more companies starting to prepare for auto enrolment, The Pensions Regulator has released its latest ‘perception tracker’ results, showing how they are viewed by businesses.

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Do smaller businesses think they need less time to prepare for auto enrolment?

Small businesses are leaving less time to prepare for auto enrolment than larger companies, according to a recent study by Employee Benefits.

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Matthew Thompson
27 August 2013

Only 30% of employers know their staging date for auto enrolment

70% of small businesses are unaware of when they need to begin complying with auto enrolment, according to a recent IRIS survey.

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Matthew Thompson
23 August 2013

Time is running out to prepare for auto enrolment, says Pensions Regulator

Employers will face a “steep learning curve” to be ready on schedule for automatic enrolment, according to research from The Pensions Regulator (TPR). The regulator went on to say that employers are starting to recognise the need to allow time to plan for auto enrolment, but for some it could be too late.

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More calls for businesses to start planning now for auto enrolment

Over half (55%) of employers that have already begun complying with auto enrolment list planning as early as possible as their top tip, according to a recent survey.

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Matthew Thompson
20 August 2013

NEST cannot receive auto enrolment favouritism, say pension providers

The Pensions Regulator (TPR) and the Department for Work and Pensions (DWP) have been criticised by a number of pension providers, due to apparently showing favouritism to NEST, the government backed pension scheme set up for auto enrolment.

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