Pensions

Sustainability or value? Navigating the pensions maze

While many have a preference for trustee-based pension schemes, the cost of running an own-trust scheme has sky-rocketed in recent years, leading to the growth of master trusts, but they are not...

More action needed to address workers' money worries

HR directors have said financial concerns, compounded by the pandemic, are causing significantly more employee stress and better support is needed to address them.

Pensions still number one employee benefit

The COVID-19 pandemic may have made wellbeing and flexible working more important to employees, but pensions have remained the most in-demand employee benefit.

UK women hit by gender pension gap at every stage of their career

The gender pension gap is already at 17% at the beginning of a women’s career and increases to 56% towards their retirement.

Closing the gender pension gap: What can employers do?

It’s 50 years since it became illegal to pay women less than their male counterparts, yet the gender pay gap means women are still paid 15.5% less than men. The financial gap gets a whole lot wider...

What Brexit and coronavirus mean for GDPR

Last month marked three years since the introduction of the General Data Protection Regulation (GDPR). Though the contents of the law have remained unchanged since 2018, Brexit and coronavirus mean...

Government drive towards Master Trusts – what do HR teams need to know?

Does your defined contribution pension scheme offer value for money to its members? Or would their interests be better served by transferring into a Master Trust? This is the question HR and finance...

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What HR should know about the Pensions Schemes Bill 2021

Changes to the Pensions Act will ensure employers are held to account for misusing employees' pensions.

Pension Schemes Act 2021 – a regulatory year to remember

While its road to Royal Assent has been far from smooth, the new Pension Schemes Act ushers in a new regulatory era for occupational pensions.

Workers delaying retirement plans

One in eight UK adults over the age of 55 who expected to retire in the near future now plan to delay their retirement due to the coronavirus pandemic.

Plugging the Arcadia pension fund gap

Following the collapse of the Arcadia group roughly 13,000 employees are considering the security of their pensions yet the group has reported a £350m deficit in the ‘pot’ of its defined benefit...

Employees underestimating the importance of a pension

Nearly two thirds (81%) of Brits across all age groups may be underestimating how much of a pension they will need for retirement, according to new research.

Pensions