Auto-enrolment

A question about : Salary lowered due to pension? (not nec. sacrifice)

I have to admit to not having read the details on workplace pensions (they don't apply to me!) but it will apply to Marley-BIL and the small firm for which he works eventually.

I understand that minimum % contributions will be 8% (split between employer, employee & government-SMART-tax-wriggle thingie).

Marley-BIL has said that there is a notice on their board at work to say that they will have to take an 8% paycut when the pension is introduced in a few years time.

A question about : ooooo what to buy myself

so my company have started the NEST pension plan for it's employees, i spose i really should be grateful as before this they were not willing to put anything into a pension at all, yes i didnt get a wage rise this year ( or last year or the year before etc) but atleast i get some pension contributions

A question about : Help needed

Hi hope someone can give me some info as don't really understand pensions that much any help would be appreciated.

A question about : ford radio code for free

Can anyone help with me with my ford focus 2002, radio lock code serial number is M180579

Best answers:

A question about : Innocent about the pension scheme in the UK

Hi smart guys,

I am working in an educational body (a university) in London. And I have got something like a university pension scheme. Because I just start this job and I am a foreigner that I am quite innocent about the pension scheme in the UK.

A question about : Is this legal/allowed?

Here's a scenario:

An employer with 100 staff wants to start 'auto-enrolment' now. They intend, as a firm, to opt out of the actual auto-enrolment and start a GPP.

The question is, the firm want to offer their staff an increase in salary equal to employee contributions (1% in year 1). However, if the staff decide not to enter the company pension they will not allow them to have the payrise.

Is that allowed? (to only offer a payrise if you enter their GPP?)

A question about : Retail Distribution Review and Personal Pension Plan

A question about : Forced into Company scheme!

I have been employed since 2007, and had a employers contribution of 7.5% gross written into my original contract. Our company has been taken over twice, the last time was in 2011 and was an asset purchase. This employer has now asked me to contribute into their scheme - minimum 3% to enable me to continue to receive this 7.5% pension contribution which I had previously received as a benefit.