Five million people in the United Kingdom are self-employed, contributing an estimated £305bn to the UK economy – and this number is growing.
We broadcast our annual Employer Forum online on 26 November (the event was actually filmed on 18 November). We shared our review of 2020, including a detailed look at our investment performance, as well as plans for our programme of…
It’s a challenging time to be self-employed. While many of the UK’s self-employed have received government grants during the COVID-19 pandemic, almost 3 million people have been excluded from support and are still waiting to be eligible to claim. That’s…
Investing £1.9bn of our members’ pension savings is a great responsibility, and our first priority is obviously to deliver a good return over the long term. But we want to do that in a responsible way, thinking about the impact our…
I’m pleased to share this year’s Chair’s Statement on behalf of the Trustee Directors of NOW: Pensions (‘the Scheme’). Our Statement sets out what we have done on your behalf to make sure that the Scheme is run in the…
Pension Awareness Week is a wrap for another year, and although we couldn’t hit the road with the Pension Geeks this time, we hope you were able to enjoy some of our excellent pension seminars and videos on the brand…
“Everything you need to know about pensions!” In this short video, Ade from Debate Mate explains pensions in a nutshell and shines a light on the gender pensions gap.
“What do the next generation think about the gender pensions gap?” Watch the reaction of young people when they’re told about the gender pensions gap and ask how we can future-proof the pensions system to ensure that it benefits everyone.
As part of Pension Awareness LIVE! 2020, we visited Elmhurst Primary school in East London where year 5 students quizzed the pensions minister, Guy Opperman, about all things pensions, parliament and life as a minister. Watch the video below.
Pension Awareness Week (PAW) is back – and live online – from 14 to 18 September 2020. Once again, we’re partnering with Pension Geeks to raise awareness of all things retirement and, although we can’t be with you in person,…
For many UK employers and employees, 2020 marks the third anniversary of their workplace pension scheme. This is because many employers started their auto enrolment duties on 1 September 2017. So what does this mean for members of the NOW:…
Chancellor Rishi Sunak recently announced the latest updates to the Coronavirus Job Retention Scheme (CJRS). The key change is that businesses are now encouraged to bring back employees to work part-time from 1 July 2020. This was originally planned for…
Winston Churchill’s words of November 1942 seem appropriate at the moment: “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” We are living through remarkable…
We understand that this is a challenging time for many of our members and that your work situation may have changed suddenly. We’ve answered some key questions about your workplace pension below. Our information is based on the latest guidance…
We understand that many businesses are facing serious challenges at the moment and are having to change their priorities and practices. We want to help you continue to manage your workplace pension effectively and we’ve put together some useful information…
Businesses and organisations are facing unprecedented challenges due to the Coronavirus. The government has put together a package of measures to help businesses meet some of these challenges and we’ve listed some of the new schemes and support available below.…
In light of ongoing developments with Coronavirus (COVID-19) we wanted to tell you about the steps we are taking to ensure business continuity during the coming weeks while prioritising the health of our colleagues and our clients. What we are…
What a rollercoaster. By the time you read this, there will undoubtedly have been more ups and downs across the world’s stock markets. We’re not even through the first quarter of 2020, and there have been so may storms…
Spring’s almost here, which means the new tax year – starting on 6 April – is also just around the corner. Here’s a quick reminder of what it means for employers and their staff in terms of auto enrolment into…
It’s International Women’s Day on Sunday 8 March. And as part of our ongoing research into the gender pensions gap, we spoke to a handful of girls aged between six and 12 and asked them what they thought of work,…
This week, the Department for Work and Pensions released its Automatic enrolment evaluation report for 2019. It revealed that the percentage of people saving for their retirement through a workplace pension scheme grew from 55% in 2012 to a healthy…
Our all-weather approach to investing saw our Diversified Growth Fund deliver returns of 15.7% – an impressive return for our members.
Life events like marriages and holidays require planning to ensure you get what you expect from them: your retirement is no exception. Retirement is a journey – start out by plotting what you want your destination to be so you…
According to a recent report by The People’s Pension, the gender pension gap in the UK is twice the gender pay gap. I had a sneak preview of research done by NOW: Pensions and the Pensions Policy Institute (PPI) where…
We know that the gender pension gap is already large at the time of retiring, but it will increase further as many women are destined to outlive both their partner and their pension savings. This is one of the consequences…
Sign our petition to help us stop nearly 2m of the lowest earners across the UK missing out on a tax top up from the government. We’ve previously spoken about a loophole whereby, depending on which type of scheme pension…
We often hear about growing income gaps in our society. But there is one particular income gap that is not talked about quite so much – the income gap between you and your future self. The word pension is, at…
In life, choice is generally considered a good thing. But, when it comes to auto enrolment, offering investment choice can end up adding no value and driving up cost for members. When the NOW: Pensions Trust was launched in 2011,…
On 6 April, the official roll out of automatic enrolment came to an end when minimum contributions increased from 5% to 8% of qualifying earnings. Thanks to auto enrolment, more than 10 million people have begun to save for their…
test post
In the week that we saw the Spice Girls headlining at Wembley Stadium, new figures were released by the Department for Work and Pensions (DWP) revealing that, a staggering 87% of people were saving into a workplace pension in 2018.…
What was the greatest comeback this season? Was it Frank Lampard’s Derby, who saw off Marcelo Bielsa’s Leeds and became the first team ever to overturn a home defeat in the first leg of a Championship play-off semi-final and go…
