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Choosing the best workplace pension for your business

Employee Benefits

Transitioning to a superior provider is no longer a hassle: If you’re contemplating changing your current workplace pension scheme, the process isn’t as challenging as you might think. Many pension companies (we’re one of them!) What is a workplace pension? are prepared to assist you with the heavy lifting.

Pension 96
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Why Your Employees May Not Achieve a Comfortable Retirement

Employee Benefits

As an employer, you’re obliged to provide your staff with a workplace pension – a mandate made compulsory by the UK government in 2012. Unfortunately, a considerable number of employees adopt a ‘set and forget’ approach once they’re enrolled in a pension scheme.

Pension 52
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Top 5 reasons to check your payslip

cipHR

Tax codes can, and do, change, particularly if there’s been a change of personal circumstances, such as people getting married, claiming taxable state benefits, or working from home. For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L.

Pension 98
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Nudge, nudge, hint, hint: how nudge theory can influence employees’ decisions

cipHR

. “The concept of nudging, applied in an ethical, sustainable and scalable way, represents one of the largest untapped opportunities in HR management” Think back to when employees had to sign up to the company pension scheme. But it left these employees with only the state pension waiting in retirement. million by 2016.

Pension 72