Comprehensive Spending Review: state pension age to rise to 66 by 2020

The state pension age for both men and women is to rise to 66 by 2020, six years earlier than previously announced, the chancellor of the Exchequer has revealed.

Flu costs the British economy 1.35 billion

The flu will cost UK employers 7.6 million working days this year, according to experts.

Pensions body NAPF closes its final-salary pension to new recruits

The National Association of Pension Funds (NAPF) has closed its final-salary defined-benefit (DB) scheme to new members of staff.

How to engage staff at Christmas

The subject of 'engagement' has certainly been rising up the corporate agenda and is set to be a key factor in performance in 2011.

NHS Employers welcomes review of consultants' lifetime bonuses

The current clinical excellence awards scheme for doctors is "costly, unwieldy and out of step with other pay systems in the NHS", according to NHS Employers.

HR and finance directors are left dazed and confused by NEST and pensions overhaul

In two years' time pension provision within UK companies is due for the most radical overhaul ever seen, with the introduction of the National Employers Savings Trust, or NEST as it is more commonly...

A luke warm response from industry experts to Government's proposed pensions tax changes

In a bid to 'simplify' the pensions system, the Government has cut back on the amount of savings staff can pay into their pension pots before being taxed, but industry experts have welcomed the...

New report highlights that investment in staff health and wellbeing is money well spent

HR managers have successfully saved their companies millions of pounds by investing in the health and wellbeing of their staff, according to a new report published today by the Chartered Society of...

Confusion exists over chancellor's proposal to link pension income rises to Consumer Price Index

Payments from public sector pensions, the State Second Pension and some private-sector defined-benefit pensions will rise by 3.1% instead of 4.6% next year, according to Towers Watson.

Hutton promises a "transparent and simple" pensions system for the public sector

On the very afternoon Lord Hutton, chairman of the Government's Independent Public Service Commission, launched his interim report on public-sector pensions, he faced the pensions industry itself with...

Public-sector employees will have to work longer to collect their pensions

Public-sector staff have been told they will have to work for longer and contribute more into their pension schemes, in order to secure an appropriate retirement income.

Employees need to be incentivised to save for retirement

HR professionals have warned employers they must engage staff in saving for retirement so they don't have to work on into old age.