December 2017 - Corinthian

Results of Auto Enrolment Review 2017

The DWP has published their Auto Enrolment Review 2017. Among their proposals, the DWP has confirmed that the lower age criteria will be reduced from 22 to 18. The auto enrolment review also plans to have pension contributions calculated from the first pound earned. This is rather than the current lower earnings limit of £5,876. This

19th December 2017 — Read this story in full.

We are recruiting!

Corinthian is recruiting! Corinthian Benefits are looking for a Pension Consultant to join their friendly team in Tunbridge Wells, Kent. This role would suit an individual with knowledge of DB and DC pension schemes, pension transfers and retirements including drawdown. To apply, please send your CV and cover letter to Chris at cjf@corinthianbenefits.co.uk Click here to

18th December 2017 — Read this story in full.

DWP ensures Master Trusts are fit for purpose

DWP puts forward an authorisation and supervision regime to ensure Master Trusts are fit for purpose There are currently 87 master trusts looking after the retirement savings of 90% of the savers who have auto-enrolled. Despite this, the market has been largely unregulated. There are few requirements for setting up a new master trust and

10th December 2017 — Read this story in full.

Quick auto-enrolment update

The Pensions Regulator (TPR) has successfully prosecuted Stotts Tours of Oldham. Scotts Tours and their MD has been prosecuted for deliberately failing to provide staff with an Auto-Enrolment pension scheme. They were found guilty of 16 offences. These involved willfully failing to comply with workplace pension legislation since their staging date in June 2015. Sentencing

1st December 2017 — Read this story in full.