Inadequate pension saving soars

The number of people not saving enough for a minimum retirement lifestyle has increased by 1.2 million people (3%) in the last year, a report from pensions provider Scottish Widows has revealed.

Key election pledges: What HR needs to know (part two)

In the run up to the general election on Thursday (4 July), we look at the key policy pledges that would impact HR. Today, we focus on apprenticeships, skills, pensions and benefits.

Reports to pension regulator increase

Reports to The Pensions Regulator (TPR) by employees concerned about auto-enrolment (AE) in their workplace pension scheme have risen, The Sun reported on 19 May.

New recommendations to increase support for older workers

New research from the Fabian Society has outlined 20 recommendations to address pre-retirement poverty.

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.

12 months of 2023: March

As we reach the end of the year, our 12 days of Christmas countdown revisits the key events of each month.

Autumn statement: What HR needs to know

Chancellor Jeremy Hunt gave his Autumn Statement yesterday (22 November), prioritising reducing national insurance, boosting apprenticeships and getting people back to work.

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