Pensions dashboard deadline confirmed

The Department for Work and Pensions (DWP) has published its pension dashboard guidance, revealing that the new deadline for pension firms to provide a connected service is due to fall on 31 October...

State pension age must increase to 71 by 2050, researchers say

The International Longevity Centre has stated that the UK state pension age will need to increase to 71 by 2050, to remain affordable.

National insurance cuts raise state pension question

Chancellor Jeremy Hunt’s national insurance (NI) cut, which came into effect last week (6 January) has potential implications for the funding of state pensions, according to Steve Cameron, pension...

How to motivate mid-life employees to save for retirement

Visualising retirement is key to maintain pension saving for employees aged 45 to 54, according to thinktank Phoenix insights.

12 months of 2023: September

In September, MPs campaigned for more laws around AI, pension auto enrolment was extended and research found most low paid workers were using food banks.

CIPD pensions charter calls for major reform

A new pension charter signed by the CIPD and the Pensions and Lifetime Savings Association (PLSA) is calling for major reform including protecting the value of the state pension during the cost of...

Pensions top employee priorities, but SMEs prize other benefits

The majority (90%) of UK workers say pension is the most important benefit their employer can offer, but this isn't the same for SMEs.

Pension auto enrolment to be extended to 18-year-olds

A bill to extend pension auto-enrolment to those aged 18 and over and remove a lower earning threshold immediately received Royal Assent after passing its third reading yesterday (18 September).

Average UK worker has £28,000 in unclaimed pensions

In the UK, the average worker has £28,000 in stranded pension pots, according to new research from wealth manager Netwealth.

Most Brits in favour of lowering retirement age

A majority (69%) of UK workers have said the retirement age of 66 should be lowered, according to a new survey from investment comparison site Interesting Reviews.

Millions of low earners could be safely auto-enrolled in pensions

Almost 3 million low earners could afford to be auto enrolled in pensions due to mitigating circumstances, according to a new study by the Pensions and Lifetime Savings Association (PLSA).

Workers in London and east of England save more in pensions than anywhere else in the country

Workers aged over 45 in Greater London and the East of England have over 40% more in retirement savings on average compared with those in the Midlands and the North, according to research from think...