30 January 2017
Under the Pensions Act 2008 every employer in the UK must automatically enrol their qualifying workers into a workplace pension scheme. That’s fine, but what is the definition of a qualifying ‘worker’? Logically, if a company does not employ any workers then it would be exempt from having to create…
11 January 2017
The government is changing the way that it funds apprenticeships in England from spring 2017. Employers with an annual pay bill of over £3 million will be required to contribute to a new apprenticeship levy. The levy requires all companies operating in the UK with a pay bill of over…
15 December 2016
The pensions dashboard was first announced in the Budget 2016 and it’s aim is to allow savers to see all of their pension in one place, helping them to plan for their retirement more effectively. When you consider that an individual has an average of 11 employers over their working…
27 October 2016
A poll about workplace pensions, conducted by YouGov in September 2016, has interesting findings for everyone connected with and concerned about pensions. When asked about the type of pension held, 36% of employees said that their pension was created under auto-enrolment, a recent government initiative. Will Wynne, co-founder of Smart…
19 September 2016
Do you have employees with National Insurance numbers beginning with the prefix KC? Then you’re aware of problems submitting Real Time Information (RTI) because HMRC’s software has not yet been updated to accept the new prefix. Although it will be April 2017 before HMRC’s Basic PAYE Tools is updated, you…
