Guide: day-to-day tasks — can your system manage?
This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.
So it is midsummer and for those of you reading this on the beach sipping a brightly coloured cocktail with an overlarge umbrella and some as yet undiscovered fruit on the side, er, why are you reading about mortgages? We are in a rare period in the history of mortgages. There has already been some […]
American International Group is buying the UK protection arm of Ageas in a deal worth £181m. AIG says it expects to complete the deal by the end of the year, subject to regulatory approval. Ageas Protect, formerly Fortis Life, was launched in 2008 by Martin Werth, now chief executive at UnderwriteMe. It will join AIG’s […]
As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.
As more and more providers start to reveal their stance on the charge cap and removal of commission and active member discount pricing, we thought it would be worthwhile to look at what these are, and the steps businesses should be taking to prepare for this.