Picking a pension

Compliance with auto-enrolment regulations shouldn’t be too taxing, it’s choosing the right workplace pension provider that brokers may need help with, explains Henry Tapper

It wasn’t long ago that customers assumed insurance brokers would manage the HR risks of a small company as well as the general insurance. The risks of employees dying in service, falling long-term sick or needing medical attention were insured like other corporate liabilities.

But times have changed and the biggest workforce risk – the risk of employees living too long – is well outside the compass of most GI brokers’ regulatory permissions.

GI brokers may not be able to advise on workplace