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SMART PENSION TO TAKE ON MEMBERS AND EMPLOYERS OF THE WELPLAN PENSIONS MASTER TRUST

Monday, March 9, 2020

Welplan Pensions has today announced that the Smart Pension Master Trust has been confirmed as its default receiving scheme following the decision in 2019 to close Welplan Pensions. The move follows a strategic review by Welplan Pensions’ Scheme Funder, Welplan Ltd, and its decision not to seek...

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WELPLAN PENSIONS TO EXIT MASTER TRUST MARKET

Tuesday, March 26, 2019

Penrith, 26 March 2019 – Welplan will exit the master trust market and re-focus on continuing to grow its long-standing employee benefits business. The decision comes in direct response to the Pensions Regulator’s new authorisation regime, which has made pursuing Master Trust authorisation...

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GOOD ADVICE IS CRUCIAL TO SMEs WHEN CHOOSING AN AUTO-ENROLMENT PROVIDER

Wednesday, November 21, 2018

British SMEs prize value-for-money from their providers – but at the purchasing stage, what SMEs want is a good recommendation. Welplan worked with Opinium to question 500 senior decision makers at SMEs who use more than 28 different master trust providers in September and October 2018.  When asked...

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HALF OF SMEs HAVE ALREADY SWITCHED AUTO ENROLMENT PROVIDER

Wednesday, October 31, 2018

New research from Welplan Pensions, the master trust for small- and medium-sized businesses, reveals a fluid auto-enrolment landscape. Rather than being trapped by inertia, smaller businesses view switching providers as normal practice. With one in two SMEs already having switched provider, a...

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WORKERS HAVE SIX MONTHS TO FIND AVERAGE OF £572

Monday, October 8, 2018

On 6 April 2019, the minimum contribution for workers in an auto enrolled pension jumps from 5% to 8%, with employers paying 3% (up from 2%) and workers paying 5% (up from 3%). That jump of 2% for workers equates to an extra £572[i] a year for anyone earning the UK’s average salary.  While there is...

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