If you get married and change your name, those you owe money to don’t forget you. If you move house, your debts remain tied to your credit record.
Reaching the incredible milestone of 10 million people newly saving or saving more into a pension is like reaching the summit of a mountain.
Some things are foreseeable. As automatic enrolment has created hundreds of thousands of new pension memberships, so the defined contribution (DC) market was inevitably going to grow.Continue reading
A few years ago we started to stamp our feet about master trusts. As automatic enrolment successfully swept through businesses and more and more people were being put into workplace pensions, master trust schemes grew in popularity.
For several months now, we have talked about our commitment to change as a regulator – to be clearer, quicker and tougher.
They hide in plain sight, looking respectable to the outside world but denying their workers their legal rights.
Master trust authorisation is essential for the development of a safe and sustainable market of defined contribution (DC) schemes, and we’ve been pushing for it for some time.
Next month anyone setting up a business will need to consider automatic enrolment alongside all the other tasks associated with starting a new venture.
It was as I was coming back to Brighton from my home in Somerset last weekend that it finally dawned on me.