Gustavo Fonseca

At Husky, we aim to empower individuals and businesses with information and options – so that you can take control of your financial future. That’s why we’ve partnered with an independent responsible investment specialist, Impact Lens, to give you and your staff independent, transparent scoring on how workplace pension schemes are investing your money. Although for […]

Employers in the UK have Automatic Enrolment (AE) duties. However, in certain instances, Directors may be exempt. Definition of a Director When the Pensions Regulator refers to a director, they mean anyone holding office as a director. This does not include a person who is a director in name only. In the case of a company, it

You might have been automatically enrolled into a pension, or your employer might have mentioned Auto-Enrolment to you. But what does it mean? What is Auto-Enrolment Auto-enrolment, sometimes referred to as Workplace Pensions, is a Government initiative, whereby all employers in the UK must put certain staff into a workplace pension. It’s an opportunity to

Pensions are a tax-efficient way of saving money for your future self, once you decide to retire and enjoy your time. It’s like an unbreakable piggy bank on your desk, in which you – and your employer – put money in every month to save until it’s time to break it. And until then, this

Article written by Matt Coppin, Wealth Management Adviser. There are situations in which the UK’s complex tax system leaves employees paying very different percentages of the tax burden. We have highlighted below three common examples: The personal allowance 60% tax trap if you are earning £125,140 Most people have a tax-free personal allowance of £12,570,

It is important that people are aware of the type of workplace pension pot they’re saving in because a defined contribution pension scheme is different to a defined benefit one. A defined benefit pension guarantees a stable retirement income for life and it’s based on: the employee’s final salary or an average salary throughout their career how

Having a retirement plan in place before the time comes is wise for your peace of mind. To do that, you need to know exactly what you’re entitled to in terms of pension money. To begin with, there are three types of pensions: State Pension Workplace pension Personal pension. As of 2022/23, the State Pension

Under the Pension Act 2008, employers are required to auto-enrol their employees to a workplace pension scheme. The measures in the Act aim to encourage employees to save into a pension scheme which will supplement the State Pension. The Pensions Regulator has announced in a press release that they will carry out official checks on employers that

By obtaining tax relief, Getting tax relief means that you will get income tax back on your pension contributions. When you receive tax relief on your pension, some of the money that you would have paid in goes into your pension pot instead. This allows your pension pot to grow more effectively, providing greater financial security for

Yes! You contribute both to the State Pension – if your earnings are above the NI threshold – and your workplace pension, if you’re enrolled in one. They are two completely different pension schemes. The State Pension is provided by the Government and a workplace pension is provided by your employer. You are auto-enrolled in