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 ...

Pensions: Five tips if you have got multiple pensions

Metal number 5The days of working for one employer all your life are over. With multiple jobs comes multiple pensions and with most workers due to be Automatically Enrolled into a pension, between now and 2018, the problem is set to get worse. Indeed, research from NOW Pensions has emphasised the problem face by workers: 25% of over 55’s have four or more pensions 60% of over 55’s have had four or more jobs 32% of people said they didn’t know which companies their pensions were held ...