Automatic Enrolment: 5 reasons why your younger workers shouldn’t miss out

Automatic Enrolment: 5 reasons why your younger workers shouldn’t miss outNew research has shown that whilst many more people are saving for retirement, younger workers are still lagging behind. The research from Scottish Widows has shown that just two years in, Automatic Enrolment looks to be succeeding in helping more people save for retirement. According to the report:   50% of people earning between £10,000 and £30,000 a year are now saving adequately for retirement, up from 34% in 2012 The number of people aged between 30 and 49 saving enough for retirement has ...

Pensions: Labour to cut tax-relief for the highest earners

iStock_000024336538_ExtraSmallIt has emerged that if Labour win the next election, they will cut tax-relief on pensions for the highest earners and use the proceeds to fund a new job creation program for young unemployed people. Under the plans Labour would reduce the tax-relief received by those people earning in excess of £150,000 each year from 45% to 20%. The money saved would be used to fund the Compulsory Jobs Guarantee, designed to help young people, who have been out of work for more ...

Automatic Enrolment: Are you being automatically enrolled soon? Don’t fall in the complacency trap

Automatic Enrolment: Are you being automatically enrolled soon? Don’t fall in the complacency trapOver the coming years many more employees will find themselves contributing to a workplace pension. Our advisers can help you make the right decisions Auto Contact our team of advisers today: 0115 933 8433 info@investmentsense.co.uk Online enquiry form Your employer might ...