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 ...

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: 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 ...

Retirement: Shopping around for an Annuity to become compulsory?

iStock_000015475220XSmallAn amendment to the Pensions Bill, could force every member automatically enrolled into a pension, to shop around for their Annuity when they retire. Over the next three years, every worker in the UK aged over 22 and earning more than £9,440 per year will be automatically enrolled into a pension, to which they and their employer must contribute. However, there has been criticism that too much focus has been on accumulating a pension fund and too little on the options at retirement. ...