The pension contributions of some XPO Logistics UK employees are not being credited to their pension ‘pots’, a problem that has arisen since the company moved to a new payroll provider.
The possibility of strike action into why the pension contributions of some XPO Logistics UK employees are not being credited to their pension ‘pots’ has been threatened by Unite the Union.
Unite national officer Matt Draper said:
“We know that three times in the last nine months some people have had their pension contributions deducted, but the monies have not been credited to their pension ‘pots’…
We understand that these problems have arisen since the company moved to a new payroll provider - we are calling for top executives to instigate a vigorous investigation into this imbroglio.
We don’t know how many of our nearly 3,000 members in UK have been affected – but one is too many.”
Apparently, members’ discontent is rising and there have been calls for industrial action ballots across XPO’s sites if the company can’t resolve this issue quickly.
At the annual meeting in New York, XPO executives said they are working with anyone affected and aiming to stop this reoccurring.
Matt Draper also pointed out that this is becoming a matter of trust and could lead to reputational damage for this global logistical giant which operates in 32 countries with 100,000 employees.
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Advisers, do you have multiple client declarations you need to submit for auto enrolment? 28 May 2019 The Pensions Regulator (TPR) has an online bulk declaration feature that may be able to help to save you time. Instead of submitting your client declarations/re-declarations file-by-file, this online feature allows you to submit multiple declarations within one single file upload only.
For full details on how to use the bulk declaration feature, visit TPR’s submit bulk declarations webpage, which includes a user guide.
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Workplace pension re-enrolment made simpler with new online tool 19 July 2019
You will be able to re-enrol your staff into a workplace pension more simply following the launch of a new online resource by The Pensions Regulator (TPR).
The launch of the new re-enrolment tool comes at the same time as new TPR research shows business advisers continue to play a vital role in helping employers meet their automatic enrolment duties. The Adviser Engagement with Automatic Enrolment Survey 2019 results shows that:
• more than 92% of payroll administrators, book keepers and accountants; and • 62% of IFAs advisers
assist their small business clients with automatic enrolment.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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