This is where members of the Numerus team will post blogs that share their professional expertise. We’ll also keep you up to date with industry news, focussing on what it might mean for you and your business.
The lower number of employers staging in recent months has been reported in various titles recently. The coverage has looked at the possible reasons for the lower than expected number of employers, with some citing concerns there may be a compliance issue. NEST has provided the following analysis of recent comment. Employers who are concerned or... View Article
Most incidents of auto-enrolment non-compliance are down to a lack of employer preparation or poor staff engagement, The Pensions Regulator (TPR) has revealed. The revelation was made following the response by TPR recently to a Freedom of Information request regarding its investigations into the level of compliance around auto-enrolment. The FOI, made by Payroll World,... View Article
Pensions minister Steve Webb is urging employers to voluntarily auto-escalate their pension contributions in a bid to ensure workers have a comfortable retirement. Speaking at a conference in London yesterday Webb said that to ensure good pension outcomes for workers auto-enrolment contributions would need to rise higher than the 8% (3% employer, 4% employee and... View Article
The Pensions Regulator recommends employers should allow at least 18 months to prepare for Auto Enrolment but we’re only a couple of months away from a predicted pensions ‘capacity crunch’.