In the news

The real test of auto-enrolment will be when a headwind blows

By Patrick Hosking 28 September 2016 There is still much that can go wrong with one of the great modern-day experiments in social engineering, but so far auto-enrolment — the nudging of millions of low and moderate earners into pension saving without forcing them to do so — has confounded the sceptics.  Read the full financial news […]



Financial News – Big pension names felled by newer rivals

By Mark Cobley 26 September 2016 Some of the biggest names in multi-asset funds have been humbled by in-house teams and smaller players, an FN study of the performance of the new Master Trust megafunds has found. Read the full financial news article here.



Top five tips for small firms tackling auto enrolment

Next year auto enrolment gets serious. In 2016, a staggering 512,000 companies will be affected by auto enrolment regulations and, by law, they will have to offer and contribute to a workplace pension. This compares to just 47,000 in 2015. For smaller businesses, auto enrolment can feel daunting. The vast majority have no experience of […]



Auto enrolment delays – sending the wrong message to savers

When Lord Turner’s Pension Commission proposed auto enrolment back in 2005 it could not have been the intention that the low paid would see only around 1% of earnings going into their pots for the first five years. Yet the government’s decision to delay the auto enrolment timetable for a second time means that is […]



Time to turn up the heat on master trusts

In recent months there has been growing interest from government and regulators regarding the regulation or lack of regulation of master trusts. When you look at the statistics, this isn’t surprising. So far, over 5 million people have been auto enrolled and of these more than 3 million are in a master trust arrangement. For […]



I am backing NOW: Pensions, the ATP project, because I believe it will encourage transparency, low costs and decent returns for millions of British employees. — Nigel Waterson, former Shadow Pensions Minister
Why do we insist on having a choice of fund manager when the evidence shows there is usually no benefit to be gained…and there is always a negative impact in terms of cost? — Anthony Hilton financial editor of the Evening Standard writing in Pensions World, June 2013
...its simple design means the pressure is taken off us as the employer and avoids costly administration charges, whilst removing the burden of choice and ensuring the best possible retirement outcome for our employees. — Matthew Johnson, Head of Compensation and Benefits at Adecco Group UK & Ireland
…We pride ourselves on our abilities to make the perfect match for both clients and workers. Our decision to appoint NOW: Pensions came as a result of wanting a quality workplace pension scheme that is structured, simple and easy for us to… — Ian Naylor, Legal Director of Randstad
I'm excited by the opportunity to help bring to the UK auto-enrolment market NOW: Pensions, a customer-friendly and responsive trust-based alternative to NEST and to contract-based offerings. — Chris Daykin, the former Government Actuary