workplace pension schemes uk

A Guide to the UK’s Largest Workplace Pension Scheme, Nest

Britain’s largest and publicly owned pension scheme, Nest (or National Employment Savings Trust), has become a reliable opportunity for employees who want to create pension savings for later in life.   Revealed by Nest, the pension scheme has helped early investors as much as ...
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Recruitment and Workers’ Rights in the UK After Brexit

As the Brexit transition period came to an end on 31st December 2020, new policies are impacting employers, particularly with regards to employing EU citizens from now on. In this guide we explore the changes to workplace rights that come into effect from the 1st January 2021 ...
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The Importance of Payroll Audits to Highlight Risks

If not managed correctly, for the likes of small businesses and many others, payroll can be one of the largest operational expenses when it goes wrong. To avoid payroll errors, fines, and penalties, it’s mission critical that an employer’s audits are compliant just as much as ...
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How to Process Employees Returning from Furlough in Payroll?  

As Britain reawakens from a sleepy period for businesses both domestic and international, the aftermath of Covid-19 on its economy is still finding clarity. But one certainty remains true: the workforce is returning to a new normal.   The UK Government’s job retention scheme, ...
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IRIS FMP shortlisted for two CIPP Annual Excellence Awards

We are delighted to announce that for the third consecutive year IRIS FMP has been shortlisted as finalists at the CIPP Annual Excellence Awards. We are shortlisted for two categories: Payroll service provider of the year International payroll service provider of the year Pay ...
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Chancellor Rishi Sunak reveals new Job Support Scheme

Due to the ongoing COVID-19 situation, this afternoon Chancellor Rishi Sunak has revealed that a new Job Support Scheme will begin when the current furlough scheme ends. The new scheme bears similarities to wage subsidy schemes currently used in countries such as Germany. The ...
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