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4 things to know about the 2018 pension contribution increase

This month, your pension contributions will automatically go up – so what does this increase mean for you? Whatever your situation, there are four things to know about 2018’s pension contribution increase. These tips will help you to make the most out of this change in legislation. 1. If you currently overpay on your pension,

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11th April 2018 — Read this story in full.

Illegal opt-out firm in first regulator prosecution

Illegal opt-out firm in first Regulator prosecution under Computer Misuse Act Managers of a recruitment firm are accused of logging into the employee portal of their workplace pensions site to opt them out of auto-enrolment. They now face prosecution by The Pensions Regulator (TPR). TPR is prosecuting national recruitment firm Workchain Ltd, as well as

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3rd April 2018 — Read this story in full.

Did you know auto enrolment contributions are increasing?

A quarter of employers don’t know that Auto Enrolment contributions are increasing Did you know? More than a quarter of senior business decision makers are unaware that auto-enrolment minimum contributions are increasing on 6 April. Also, almost half do not know how much they are increasing, according to research. Read the whole Corporate Adviser article here.

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26th March 2018 — Read this story in full.

Industry has mixed reaction to Defined Benefits White Paper

Protecting Defined Benefits Pension Schemes The much-anticipated white paper, titled Protecting Defined Benefits Benefits Schemes is here. The Department of Work & Pensions (DWP) said it would work to improve “the effectiveness and efficiency” of the Pension Regulator’s existing anti-avoidance powers while ensuring they do not have “an adverse effect on legitimate business activity and the wider

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19th March 2018 — Read this story in full.

Support the Woolfe!

Our very own Ann Woolfe will be competing in the London Marathon for the very first time on Sunday 22nd April. Having had brain surgery herself, Woolfe has opted to support Brain Research UK (formerly the Brain Research Trust).   Please support Ann by visiting her Virgin Money Giving page.  

19th March 2018 — Read this story in full.

Is the Financial Ombudsman trying to catch us out?

Is the Financial Ombudsman trying to catch us out on Defined Benefit transfers? A great article by Nick Bamford. It highlights the issues advisers face when helping members with potential transfers out of their defined benefit (final salary) pension schemes. He explores whether the Financial Ombudsman trying to catch people out or not. Check out

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15th March 2018 — Read this story in full.

Time to celebrate our ‘Mark of Excellence’

Time to celebrate! We won the ‘Mark of Excellence’ for Client Experience. Corinthian Benefits are delighted to announce that they have been awarded the Mark of Excellence for Client Experience by the independent assessment organisation CX Awards Limited. The Mark of Excellence is awarded following an in-depth assessment of the Client Experience focused on the following

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5th March 2018 — Read this story in full.

Join us at Kent Vision LIVE!

We will be at Kent Vision Live We are once again exhibiting at Kent Vision LIVE and hope to defend our most innovative stand trophy that we won last year. Click here to register for your free place and we’ll see you there! Or contact us now if you aren’t able to make it.

1st March 2018 — Read this story in full.

The Pensions Regulator’s fines are up by nearly a third!

Pension Regulator’s recent Quarterly Compliance and Enforcement bulletin The Pensions Regulator’s most recent Quarterly Compliance and Enforcement bulletin covers October to December 2017. It shows that the number of Compliance Notices issued during the period was 17,949. This is an increase of 29% on the total amount issued since October 2012.  The number of Fixed Penalty Notices of

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1st March 2018 — Read this story in full.

A rough guide to Business Protection

A recent survey revealed 57% of family businesses would cease trading within a year, and 1/4 would close immediately following the loss of a key person. Fewer than half of SMEs having any sort of succession plan in place. So it’s more important now than ever to understand your options when it comes to Business

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1st March 2018 — Read this story in full.

Standard Life offloads workplace pensions book to Phoenix Group

Standard Life has announced the sale of its workplace pensions business to Phoenix Group. This comes just days after the collapse of a proposed merger with Scottish Widows had been announced. Standard Life had in recent years been the largest workplace pensions provider in the UK. It will continue to market and distribute the workplace

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23rd February 2018 — Read this story in full.

Now: Pensions is up for sale!

Two weeks ago we reported that Now: Pensions Trustee was fined £70,000 by The Pensions Regulator – now it’s up for sale Now: Pensions is arguably the third-biggest master trust in the UK. The provider has been put up for sale following a catalogue of administration problems. These problems have led to the provider exiting the Pension

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23rd February 2018 — Read this story in full.

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