Monthly Archives: February 2014

Another ‘get ready’ warning over Auto Enrolment

Around two thirds of employers who have auto-enrolled their staff found it ‘more difficult than they had anticipated’. That’s according to the National Employment Savings Trust (NEST). The NEST Insight report, published on January 28, says 63% of employers surveyed in 2013 had ‘encountered unexpected challenges’, while 55% ‘found it difficult to understand the legalities’…

Lovely Lifetime lady Anne retires

Lifetime bade farewell to an esteemed member of the team on Thursday. It was Anne Paget’s final day as a Lifetimer, before she heads into a well-earned retirement. The company directors and Anne’s colleagues came up trumps with a fantastic presentation and a scrumptious buffet! There were plenty of tears shed, and Anne will most…

Protection must be a priority

Customers must be made aware of the need for protection policies, particularly as the mortgage market has begun to show significant signs of recovery. New figures from the Council of Mortgage lenders has revealed that lending for first-time buyers has increased significantly in recent months. Kevin Russ, technical manager for individual protection at Friends Life…

Lifetime in contact with over 100 companies over Auto Enrolment proposition

Lifetime are now in contact with over 100 companies over their Auto Enrolment obligations. And 12 of those companies have either committed to implementation of our AE proposition –  or the proposition has already been implemented. The 12 firms are: Doyle Consultants  GM Wilson Rushbrook & Rathbone Effective Tax Solutions Pennine Law St Anne’s Sheet Metal…

Scrumptious breakfast kicks off Lifetime Seminar!

Lifetime held its first Auto Enrolment Seminar this morning – and the invited guests, all local accountancy firms – were treated to a rather scrumptious continental breakfast before receiving a top quality presentation! Lifetimers Sue Skelton, Nicola Dickinson and Tracey Lawton made sure all the preparation was perfect for what is hoped will be a…

Pensions Regulator investigating 89 employers over ‘suspected AE non-compliance’

The Pensions Regulator has announced that it has started 89 investigations into employers over suspected Automatic Enrolment non-compliance. The Auto Enrolment system was launched for the UK’s largest employers in October 2012 – and goes on to affect medium and small firms between now and 2018. It requires companies to set up a pension scheme…

Some accountants ‘trailing’ behind in Auto Enrolment drive

Accountants form a crucial link between financial advisers and businesses, but many are lagging behind the advice firms who are already poised to take up the Auto Enrolment opportunity this year. So says Les Conway of Essentially Financial. He commented: “IFAs aiming to offer clients an Auto Enrolment service in 2014 should already be well…

Guidelines needed for mortgage lenders

The Financial Conduct Authority is coming under fire for failure to issue guidelines to mortgage lenders to financially protect customers when making an offer. As from April, the FCA will require lenders to undertake stringent affordability tests to assess borrowers’ abilities to repay their mortgages before releasing funds. Simon Burgess, director at mortgage protection provider…

Lifetime staff donation brings gratitude from charity project

Lifetime has received a lovely ‘thank you’ letter from Barnsley Churches Drop-In Project, after our Lifetimers donated around 75 tins of tomatoes. The BCDP secretary Caroline Hyde wrote: “We would like to thank everyone at Lifetime for their kind donations of tinned tomatoes to the Barnsley Churches Drop-In Project. “We really appreciate your wonderful generosity….