Adrian Boulding, Director of Policy, NOW: Pensions Earlier this week the Department for Work and Pensions announced that since the introduction of automatic enrolment in 2012, 10 million people have been auto enrolled. Hitting 10 million auto enrolled is a…
Thanks to auto enrolment, nearly 10 million more people are saving for their retirement – a huge achievement. But, auto enrolment minimum contributions may not be enough for most people to be sure of a comfortable retirement. Unfortunately, this is…
Rob Booth, Director of Investment & Product Development, NOW: Pensions Sterling seems to have been in the middle of a storm for some years now. It has depreciated to such an extent that for a lot of investors, the currency…
Adrian Boulding, Director of Policy, NOW: Pensions Just before Christmas, the government renewed its commitment to launching a pensions dashboard. After some uncertainty about whether the project would get the green light, the feasibility study and industry consultation published…
Knapton Wright is a social media marketing consultancy in Lincolnshire formed by Alex and Louise Wright in 2014. It evolved over the past four years into a creative marketing agency, working with SMEs locally, regionally and nationally, with a handful…
Rob Booth, Director of Investment & Product Development, NOW: Pensions Shall I compare thee to a summer’s day? Thou art more lovely and more temperate. Rough winds do shake the darling buds of May, And summer’s lease hath all too…
As a business owner, you’re no doubt aware that low employee productivity levels, absenteeism and high attrition rates have a direct effect on your company’s bottom line. And if you have a relatively high rate of attrition or underproductivity at…
Rob Booth, Director of Investment & Product Development, NOW: Pensions How often do we read about futurologists, economists, or even weather forecasters who got their predictions wrong? They tend to be forgotten. There is always an exception, for instance Michael…
Adrian Boulding, Director of Policy, NOW: Pensions In April, auto enrolment minimum contributions increased from 2% of qualifying earnings to 5% as part of the phased roll out of the policy. For auto enrolled savers paying in the minimum each…
When it comes to saving for retirement, it’s very easy to put it off. After all, there’s plenty of time, right? The simple truth is, the earlier you start saving for retirement the better as your money has more time…
Adrian Boulding, Director of Policy, NOW: Pensions Data published by The Pensions Regulator has shown that almost 10 million people have been auto enrolled since the scheme began in 2012. But, despite this encouraging headline figure, over nine million people…
Rob Booth, Director of Investment & Product Development, NOW: Pensions When NOW: Pensions entered the UK market in 2011 we spent a lot of time thinking about how to structure our member charges so that they are simple, transparent and…
Troy Clutterbuck, CEO, NOW: Pensions Earlier this month the Office for National Statistics published its annual Occupational Pension Schemes Survey. The good news is that the figures prove that auto enrolment is delivering on its promise of getting more people…
Adrian Boulding, Director of Policy, NOW: Pensions Over the winter, all master trusts who wish to continue operating in the UK are going to be submitting applications to The Pensions Regulator (TPR) for authorisation. This new regulatory regime is something…
Rob Booth, Director of Investment & Product Development, NOW: Pensions NOW: Pensions Assets under management have just burst through the £750 million mark. The next milestone will be the beautifully rounded £1 billion. It seems only yesterday that we were…
Rob Booth, Director of Investment & Product Development, NOW: Pensions Earlier this week PensionBee published its “Robin Hood Index” which suggested that NOW: Pensions was one of the most expensive pension providers. The calculations they cited are inaccurate and misleading…
Adrian Boulding, Director of Policy, NOW: Pensions The news reported in The Times that ministers are thinking of scrapping the pensions dashboard was met with collective horror by the pensions industry, consumer groups and savers. A petition urging the government…
Rob Booth, Director of Investment & Product Development, NOW: Pensions In life, choice is generally considered a good thing. But, when it comes to the auto enrolment market, offering investment choice can end up adding no value and driving up…
We look at what the potential retirement savings of an England fan versus an England footballer. An employee aged 22, earning an average £28,500 a year who started their workplace pension via auto enrolment should expect to accrue a retirement…
Amy Mankelow, Director of Communications, NOW: Pensions Knowing how much you need to set aside for your retirement is far from simple and new research from the Pensions and Lifetime Savings Association (PLSA) has revealed that 80% of people aren’t…
Rob Booth, Director of Investment & Product Development, NOW: Pensions At NOW: Pensions we’re surrounded by green – it’s a core part of our brand chosen to reflect the fact that we offer something refreshingly different in the pensions world.…
Troy Clutterbuck, CEO, NOW: Pensions Earlier this week, The Department for Work & Pensions (DWP) published a report on workplace pension participation and savings trends. Perhaps not the most scintillating read you might think. But, what it proved was that auto…
Adrian Boulding, Director of Policy, NOW: Pensions When it comes to auto enrolment, there are a number of quirks in the legislation. One of these is the fact that auto enrolment minimum contributions aren’t based on every pound of earnings.…
Robert Booth, Director of Investment and Product Development, NOW: Pensions The investment world seems to have its own confusing language, and the dictionary just gets heavier every year. While Diversified Growth Funds have been around for a few decades now,…
Adrian Boulding, Director of Policy, NOW: Pensions One of the perks of saving into a pension is tax relief – extra money that Government pay into your pension. But, as a result of a wrinkle in the way tax relief…
Amy Mankelow, Director of Communications, NOW: Pensions Thanks to gender pay gap reporting, the disparity between men and women’s pay has been subject to intense scrutiny in recent months. But, the implications of this persistent income inequality on pension saving…
If you are one of the 5.6 million people across the country that currently pay the minimum into your workplace pension, from today a little more is going to be set aside each month for your future. On the infographic…
Auto enrolment is going well but British businesses are braced for change. Research we recently carried out with nearly 700 firms showed that a large proportion expect the government to make changes to the policy in the future. In many…
Auto enrolment minimum contributions will soon be rising. While this marks a milestone in the policy and is no doubt causing sleepless nights for the DWP, our research shows that two thirds of auto enrolled savers are blissfully unaware of…
To quote Frank Sinatra, “When I was 17 it was a very good year”. Frank had another very good year four years after that, and then another 14 years later. If we should take any lessons from the song, it’s…
