News

Auto-enrolment reprieve for new businesses

New businesses offered a reprieve The government has confirmed that new businesses will be offered a reprieve of up to three months before they have to enrol their employees in a workplace pension. This reprieve is already in place for existing companies when they reach their staging date. However, it does not exist for new

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21st March 2017 — Read this story in full.

143% increase in warnings to meet pensions auto-enrolment deadlines

Warnings issued to employers who fail to meet their pensions obligations deadlines have risen by 143 percent. The increase refers to the 870 Escalating Penalty Notices issued in the last quarter of 2016. This brings the total number issued since auto-enrolment began to 1,477. In the same period, the number of Fixed Penalty Notices –

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21st March 2017 — Read this story in full.

Spot checks to make sure employers comply with AE

Spot checks are to be carried out on employers across the UK to ensure they comply with auto-enrolment duties. The inspections are part of The Pensions Regulator’s (TPR) ongoing enforcement activity to ensure employers comply with auto-enrolment obligations and are meeting their pension duties correctly. Employers TPR judges to be at risk of failing to

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17th March 2017 — Read this story in full.

Master Trust accreditations

Corinthian’s Master Trust will soon have to comply with five new benchmarks to provide a five-star service. Corinthian’s preferred pension scheme, Salvus Master Trust, has already achieved the Master Trust Assurance Framework (MAF) accreditation. This is the Pensions Regulator’s new standard. It has also received a five-star rating from Defaqto, the independent financial products researcher.

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17th March 2017 — Read this story in full.

Give your feedback on auto-enrolment

The Department for Work and Pensions’ (DWP) are reviewing auto-enrolment feedback. Auto-enrolment feedback is wanted on the existing and future coverage of employee engagement and contribution levels. Employers, employee representatives, pension industry professionals, accountants, payroll staff, independent financial advisers, employee benefits consultants and the general public have until 22 March 2017 to respond. The DWP,

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17th March 2017 — Read this story in full.

Don’t risk your credit rating by ignoring auto-enrolment fines

Employers who ignore their auto-enrolment duties could end up with auto-enrolment fines as well as a bad credit rating after being handed a County Court Judgement (CCJ). A small number of companies have been handed CCJs after failing to pay their automatic enrolment fines. This can happen when employers persistently ignore penalty notices sent to

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10th February 2017 — Read this story in full.

Auto-enrolment is fair and good for employees say companies in new survey

Recent research by YouGov found that auto-enrolment (AE) is fair and good. Surveys showed around 60% of SMEs think auto-enrolment is fair and good and should be applied to all employers. And more than two thirds (70%) of those that have staged think AE is a good thing for their employees. The survey was conducted among

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10th February 2017 — Read this story in full.

FREE seminar on everything you need to know about pensions auto-enrolment

Are you about to stage for automatic enrolment? Then why not attend our FREE seminar to learn everything you need to know about the process. Entitled ‘Do you care about your staff?’, the seminar takes place on April 26 at the Hilton Hotel in Drake Way, Reading, from 9.30am to noon. Robert MacGregor, MD of

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10th February 2017 — Read this story in full.

Corinthian nominated for prestigious Corporate Adviser Awards

Corinthian Group has been shortlisted for the prestigious Corporate Adviser Awards 2017 in association with Scottish Widows. We are delighted to announce that we are in the running for the ‘Best Adviser Auto-Enrolment Proposition’ title in the prestigious Corporate Adviser Awards. Winners will be announced at the Awards ceremony on 28 February, at the Grange St

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3rd February 2017 — Read this story in full.

Are you a numbers expert who needs help with pensions admin?

Auto-enrolment is a bit of pension, but a lot of pensions admin According to research carried out by the Pensions Regulator (tPR) 49% of employers have consulted an external adviser – usually their accountant or financial adviser – for auto-enrolment advice and 60% intend to. Of those, 31% will rely on their external adviser completely

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31st January 2017 — Read this story in full.

Reached your pensions’ staging date already? How about a free upgrade?

You’ve probably found that auto-enrolment has little to do with pensions and lots to do with administration, documentation, HR and payroll. There are plenty of pitfalls along the way too, so you might need to ask yourself if you’re happy with the support you’re receiving from your adviser and your pensions provider, and how the

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26th January 2017 — Read this story in full.

Pensions auto-enrolment – is your staging date looming?

Are you among the 800,000 small businesses set to reach their auto-enrolment staging date in 2017? One in five companies are now issued with compliance orders after missing their deadline – don’t be one of them! Make it your New Year resolution to do it properly and on time. Our top three tips are: choose

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20th January 2017 — Read this story in full.

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