National Minimum Wage – April 2020 – Biggest Increase Yet!

Boris Johnson pledged to implement the biggest increase to National Minimum Wage (NMW) in more than 20 years. There is both the NMW for those of school leaving age and the National Living Wage (NLW) for those aged 25 and over. Below shows a table of the increases for...

Queen’s Speech : Pensions Dashboard a reality?

A Pensions Schemes Bill has been included in the Queen’s Speech today, which lays out the legislative plans for the forthcoming parliamentary session. This bill includes legislation to enable the pensions dashboard and collective defined contribution (CDC) schemes to...

Pension swindles – millions approached about financial scams

Over 4.5 million UK adults have been approached about potential financial scams in the past 3 months. We include tips to help avoid them.  One in eight (12%) of non retired UK adults have been approached by phone, text, or email offering free pensions advice, a free...

Why outsource?

Running a business has ‘must dos’ such as paying staff efficiently and staying within the law. advo’s support for SMEs includes the ‘must dos’ incorporating both a payroll bureau and HR consultancy.  A business leader must have a broad skill-set, either themselves,...

Crackdown on employers refusing to meet auto-enrolment obligations

The Pension Regulator has announced a new crackdown on employers who are flouting their auto enrolment pension duties. Those suspected of breaking the law will be targeted with short notice inspections. The Pension Regulator (TPR) says it is using data to pinpoint...

Pessimism of state pension provision

The UK public anticipates a meagre state pension and expects another hike in the retirement age, according to new research. The findings come from a Canada Life survey which asked people’s views on the state pension and what they think they are likely to get when they...