Punter Southall

How smaller employers can cope with auto-enrolment

Punter Southall Group has launched an at-retirement business focused on annuity broking and pre-retirement communications led by two former Origen executives.

Companies could be missing thousands of eligible workers out of their auto-enrolment plans because they wrongly believe they are classed as self-employed, consultants and a lawyer warn.

Hannah Brenton's reviews Osborne's performance

The industry breathed a collective sigh of relief after today's Budget, with no changes to higher-rate tax relief and announcements on state pension reform and infrastructure investment.

The 85,000-member Invensys Pension Scheme has outsourced its administration to Punter Southall.

Punter Southall has teamed up with PensionsFirst to automate the production of actuarial valuations and cut costs for schemes.

Just one in 20 employers intends to use the National Employment Savings Trust for auto-enrolment, according to Punter Southall research.

Yesterday, the Department for Work and Pensions published the revised timetable of staging dates for auto-enrolment. PP rounds up industry reaction and looks at how the changes will help larger as well as smaller employees.

The latest inflation figures will bring home the effect of the switch from RPI to CPI for scheme members as the gap between the two widens, warns an inflation expert.