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UK employees still to be convinced on pension saving as challenging times hit hard, Aviva reports

Tom Newcombe, 27 Feb 2013

UK employees remain undecided on retirement saving despite growing awareness of the government reforms,...

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Membership of workplace pension schemes falls to lowest level in 15 years

Tom Newcombe, 25 Feb 2013

Membership of workplace pensions schemes has fallen for the 11th year in succession to 46%, a 15-year...

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UK workers face 12 years of hardship in retirement after savings run out, HSBC warns

Tom Newcombe, 20 Feb 2013

Today's workers will run out of savings just seven years into their retirement, according to a report...

Pension reforms will give more incentive for low-paid workers to save, says DWP

Tom Newcombe, 15 Feb 2013

The Government's state pension reforms will work with automatic enrolment rules to boost pension saving...

Regulators warn against pension cash "predators"

Tom Newcombe, 14 Feb 2013

Regulators and Government bodies are launching a crackdown on pension "predators" who tempt people to...

Employees must start to increase pension contributions, warns Friends Life survey

Tom Newcombe, 05 Feb 2013

Only a quarter of over 50s still in work feel they have contributed enough to their pension pot to afford...

FSA set to investigate pensions annuity market

Tom Newcombe, 01 Feb 2013

The Financial Services Authority (FSA) is to investigate the way annuities are sold amid fears that many...

Pension deficits rise by £150 billion in 2012

Tom Newcombe, 31 Jan 2013

Pension deficits increased by £150 billion last year to reach a total of £550 billion, according to...

Auto-enrolment is a relief for employees worried about retirement plans, NEST report reveals

Tom Newcombe, 30 Jan 2013

Despite economic difficulties, employees welcome auto-enrolment as many haven’t made long-term saving...

Final salary pension schemes closing at the fastest rate on record, says NAPF

Tom Newcombe, 28 Jan 2013

Final salary pensions in the private sector have closed their doors to new staff at the fastest rate...

The Office of Fair Trading launches investigation into workplace pensions

Tom Newcombe, 18 Jan 2013

The Office of Fair Trading (OFT) has launched an investigation to examine whether defined contribution...

Middle-income earners to be "hit hardest" in state pension changes, says Punter Southall

Tom Newcombe, 15 Jan 2013

State pension reforms have been unveiled, under which women, the self-employed and low earners will have...

Flat-rate state pension set to be introduced in 2017

Tom Newcombe, 14 Jan 2013

Details of a flat-rate state pension of £144 a week introduced in 2017 are set to be unveiled today....

Implementing auto-enrolment and DC pension schemes will remain the focus for 2013, says Mercer

HR Editorial, 10 Jan 2013

Auto-enrolment and Defined Contribution (DC) pension schemes will continue to dominate HR in 2013, according...

2013 Pension predictions from Towers Watson

HR Editorial, 08 Jan 2013

This year will be another challenging one for UK pensions professionals and their clients, according...

Flat rate state pension of £140-a-week among coalition plans in its mid-term review

Tom Newcombe, 07 Jan 2013

A flat rate state pension of £140 a week, funded by increases in the state retirement age, will be one...

Two thirds of employers yet to understand the cost impact of auto-enrolment

Tom Newcombe, 14 Dec 2012

Nearly two-thirds of employers do not yet fully understand how much auto-enrolment will cost their business,...

EU pension changes would slash jobs and growth, says CBI

Tom Newcombe, 12 Dec 2012

Proposed EU pension changes would force £350 million of extra costs onto UK businesses, hit long-term...

Pension tax relief has been slashed from £50,000 to £40,000 in a move to target high earners

Tom Newcombe, 05 Dec 2012

In his Autumn Statement speech today, chancellor George Osborne announced he is cutting the annual pension...

Pension reform – a necessary cost? Where’s the upside?

David Woodward, 05 Dec 2012

While many businesses are still at the early stages of understanding what pension reform means to them,...

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In this issue: October 2014
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Grow influence: Who has made the HR Most Influential 2014 lists? We reveal all inside

Looking good: Beautiful HR at Estee Lauder

Back to the drawing board: Is HR more art than science?

Forward thinking: Futureproof your technology strategy

 

 

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