Automatic Enrolment: 5 reasons why older workers are wrong to opt-out

5 reasons why older workers are wrong to opt-outAutomatic Enrolment is now two years old, but with millions of workers still to be enrolled, one pension provider has issued a warning that older workers are missing out. Anyone between the age of 22 and the State Pension age, who earns more than the annual equivalent of £10,000, will be automatically enrolled into a workplace pension over the coming years. Unless of course they are one of the 4.5 million workers, in large businesses, who have already been enrolled. However, the National Employee ...

Automatic Enrolment: Nest restrictions to be lifted

Automatic Enrolment: Nest restrictions to be lifted The Government has confirmed that it will look to remove restrictions on Nest (National Employment Savings Trust) by 2017. Our advisers can help you make the right decisions Auto enrolment team Contact our team of advisers today: 0115 933 8433 info@investmentsense.co.uk Online enquiry form At present the maximum annual contribution ...

Auto Enrolment: Why pension providers don’t want your business and how it will end up costing you

Why don’t pension providers want your business And how could it cost you moreFor most businesses turning down a new sale, order or contract would be pretty unusual, but that’s exactly what many pension providers are doing right now. One of your duties as an employer is to select a pension scheme into which you will automatically enrol your members of staff who qualify. When it comes to choosing a Personal Pension or perhaps a Self-Invested Personal Pension (SIPP) for yourself, no provider would ever turn you down. But when it ...

Automatic Enrolment: 6 tips to help you choose the right pension scheme

Automatic Enrolment: 6 tips to help you choose the right pension schemeTo comply with the Automatic Enrolment rules employers have to make a series of difficult decisions and none are harder than deciding which pension scheme to choose. It’s unlikely you are a pension expert, but unless you decide to outsource your Automatic Enrolment project to an adviser, that’s exactly what you will need to become. So how do you go about choosing the right scheme? What factors should you take into account? What are the pitfalls you should look out for? Here are six ...