The face of pensions is changing as the world of work undergoes seismic upheavals and mounting uncertainty. Final salary schemes with their promise of retirement certainty are now all but closed, but not before the mistrust created by a number of high profile negligent and criminal mismanagement cases rocked the reputation of pensions as a whole. The move away from “a job for life” and an increasing emphasis on agile working has brought about more fluid, flexible staffing models. With people far more commonly advancing their careers - and even gaining continuity of employment - by moving from role to role, it makes sense to gear pension delivery to increased staff mobility.
Article by 18 April 2019
April 2019 sees the amount of money employers and employees pay into workplace pensions rise in the latest round of auto-enrolment increases. Yet, in the rush to comply with workplace pension legislation, many employers haven’t considered the HR and commercial opportunities that pensions present. The benefits of having a good scheme in place are many including increased productivity employee retention.
Article by 22 March 2019
I’ve just been talking with a major employer about pensions. I claim no expertise in this area, so I thought ... View Article
Article by 23 November 2015
There has been a lot of discussion recently over the possibility of auto-enrolment style funding for Group Income Protection, either ... View Article
Article by 12 January 2015
First of all I don’t think the current pension system in the UK works. The state pension was a Victorian solution and the rise and demise of the company pension schemes has meant that we are essentially coming full circle. The big question for me and my peers is not can I retire at 55 but how do I ensure that I have sufficient funds to retire when I want, or when I’m forced to retire.
Article by 21 January 2014
Pensions. A word that, in my experience, has the capacity to strike fear into the hearts of even seasoned HR ... View Article
Article by 10 January 2014