Workplace pension

On a rolling 3 yearly-basis from your staging date or duties start date, employers need to re-assess workers who: Opted out of the workplace pension Left the pension scheme after the opt-out period Reduced their contributions to below the minimum level Any worker who meets the assessment criteria for auto enrolment has to be re-enrolled […]

A happy employee is the most important asset your business has. When they know you’re looking after them, they look after you. 47% of employers say budget is their biggest barrier to improving employee engagement levels (according to a June survey of HR decision-makers). With businesses truly needing to achieve more with less, helping staff feel

According to the auto-enrolment (AE) legislation, eligible employees have to be enrolled in a workplace pension scheme. However, according to research published by The Resolution Foundation, 3% of those employees have fallen through the cracks… not because they’ve opted out, but because they’re not enrolled the way they should be. 3% sounds like a small number,

An introduction to workplace pensions  In a nutshell, workplace pensions are designed to help workers in the UK save more money for retirement. A successful workplace pension encourages greater financial freedom when an individual decides to leave the workplace. In most cases, a percentage of salary is automatically placed into a pension scheme every payday,

For those that are setting up a workplace pension for employees, managing a workplace pension, or making general amendments to the scheme for their workforce, it can be a very confusing process. Fulfilling Automatic Enrolment criteria can be a drain on staff resources, but that’s where we are here to help. Without the right help

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