Solution Library

Auto Enrolment Pension Schemes and Investment Portfolio of George

Question

As an independent financial adviser (IFA), you have been approached by one of your clients who is the managing director of a business which employs 200 people. He has asked you to provide him with a report regarding how he should proceed with providing an auto-enrolment pension scheme for his company’s employees. The managing director has admitted that he had intended to deal with this issue for a number of months, but has not taken any action as yet. The company’s staging date will be in January 2017. The managing director admits that the company has not been very interested in employee benefits in the past, and would now like to consider the firm’s options in other areas. That is, not just limiting any action now to providing an auto-enrolment pension scheme, but also considering other forms of employee benefits. The firm has no other employee benefits in place, except for a stakeholder pension scheme. Approximately 5% of employees contribute to this, but there is no employer contribution at present.

The managing director would like a full report on all of the above that includes comprehensive details regarding taxation, as well as the costs and legislative position for auto-enrolment pension schemes.

George, aged 45, has an investment portfolio which comprises a small number of OEICs which invest in different asset classes.

Outline why it might be appropriate for George to have his portfolio rebalanced annually.

Summary

This question belongs to finance and discusses about a report regarding how to proceed with providing an auto-enrolment pension scheme for a company’s employees.

Word count: 1437

 

Download Full Solution

Comments

  • HWA
    Rasha

    this is a very good website

  • HWA
    maani

    I have 50 questions for the same test your page is showing only 28

  • HWA
    joeanne

    hi can you please help or guide me to answer my assignments. thanks

  • HWA
    joeanne

    hi can anyone help or guide me to my assignments. thanks

  • HWA
    Monik


  • HWA
    Cristina

    This solution is perfect ...thanks

  • HWA
    Janete

    Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes

  • HWA
    Sandeep

    Perfect bank of solution. 

  • HWA
    Oxana

    great !

  • HWA
    Paul Brandon-Fritzius

    thanks for the quick response. the solution looks good. :)

  • HWA
    tina Johnson

    thnx for the answer. it was perfect. just the way i wanted it. 

  • HWA
    Giuseppe

    works fine.