A significant increase in the minimum contributions to workplace pensions is required according to a new report by the Association of British Insurers (ABI).[1] With the tenth anniversary of the introduction of automatic enrolment (AE) into workplace pensions [..]
In April 2019, the final level of auto-escalation for minimum employer and employee contributions to defined contribution (DC) pension schemes came into effect, with employers required to contribute at least 3% of an employee’s salary into the pension pot, while [..]
Long on the horizon, automatic enrolment is set to become a reality for small and medium-sized charities. Ian Bird advises on how to make implementation a painless process. Charities are getting closer to their auto enrolment staging date, where they will be [..]
Director at Secondsight, Ian Bird responded to yesterday's Autumn Statement and the changes announced to pensions. The weekly basic state pension will rise by £3.35 and taking the flat rate state pension to £119.30 from April – the biggest increase in pension [..]
October 2015 marks the three-year anniversary since automatic enrolment launched in the UK, and the country’s largest employers enrolled eligible staff into a pension. It seems like only yesterday, and time certainly has ‘flown by’. A lot has been made of [..]
Secondsight partner Matthew Mitten discusses the opportunities and challenges of auto-enrolment for advisers and their corporate clients In an article featured in Money Marketing, Matthew Mitten discusses all things auto-enrolment including; the Government's [..]
Secondsight client, Folli Follie has seen just 4 of its auto-enrolled Links of London employees opt out of its new group personal pension (GPP) plan since its staging date on 1 November 2013. As well as introducing a new GPP, Secondsight delivered a series of [..]
Almost a third (32pc) of small and medium sized businesses (SMEs) have admitted that they plan to ignore the forthcoming auto enrolment legislation. As a result, they could face fines of up to £30.4m per day. Read the Telegraph Online article in full [..]
Auto Enrolment - how employers are finding it 8 months in to Auto-Enrolment, the June edition of Employee Benefits Magazine speaks to our client, The Whitgift Foundation about their auto-enrolment experience. Helen Bidgway, head of HR at The Whitgift [..]
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We've thoroughly enjoyed our introduction to Secondsight. The whole team is exemplary in their commitment to providing excellent and efficient service and we wouldn't hesitate to recommend them to other law firms or professional services firms seeking a refreshing approach to managing their employee benefits. We are looking forward to continuing our relationship with the business over the coming years.
Caroline Stevens, Director, Crowell & Moring
The ideas and connections Secondsight have brought to Epson, and our local HR team, have been invaluable and meant we have set new financial benefits and wellbeing solutions in place that we would simply not have done before.
Stuart Chalmers, HR Manager UK, Ireland and Nordics, Epson Europe
The world of pensions can be quite grey but you always bring a huge amount of colour to it. I have never been so engaged with pensions and neither have our employees. I would highly recommend you and your team.
Alison Field, Group HR Director, Briggs Equipment
Communication and employee word of mouth have been key to its success to date. We truly believe that the financial education programme is an excellent investment - both in terms of time and money.
Rick Hewitt, Finance Director and Board member at Ricoh
A* customer service and assistance. Nothing is too much trouble.
Jane Howard, Payroll and Rewards Officer, Yazaki Europe
Over the last three years, this team has been proactive and efficient, highly knowledgeable plus friendly and easy to deal with.
David Barry, HR Manager, Manufacturing Technology Centre
Secondsight were very knowledgeable and supportive for staff throughout the process of discussions around the TPS, providing clear information and one to one support for staff that required further detail.
The team at Secondsight also helped set up an alternate solution, enabling an easy and effective transition to the new provider. They were very much instrumental in the success of the whole process.
Director of Finance and Operations/Clerk to the Governors, Shrewsbury House School Trust Limited
Secondsight has been working with us for more than a decade. We greatly value the consultancy support provided, in that it serves to guide us through the oft complex nature of pensions.
Throughout our relationship, Secondsight has proven reassuring, comprehensive and professional. This has enabled us to take prompt and effective action where required.
We have also welcomed their support in ensuring that our member communication is clear and informative. We commend them for service they offer.
Bursar, Lord Wandsworth College
