Employers need to do more to support workers’ futures and financial security, says a new report.
Two-fifths (42%) of companies have made or are planning to make changes to their employee benefit programmes as a result of the COVID-19 pandemic and the impact it has had on working life.
Though it may be difficult, pension scheme trustees can maintain business as usual during testing times.
Younger employees appear to be actively opting out of pension scheme contributions, which could be to the detriment of their later lives.
Ninety-four per cent of employers have reported facing challenges when providing a workplace pension according to a study by Smarterly
Over the years the Pension Protection Fund’s CPO has increased the reputation and influence of HR, enabling it to introduce key initiatives that benefit the business and the wider local community
It is a time of major change in the retirement world as the risk and responsibility of providing pensions shifts from government and corporations to the increasingly anxious consumer
The number of women aged between 60 and 64 in work has increased by 51% in a decade
Cyber security is one of biggest risks facing pension schemes in the new decade and most schemes are not adequately prepared
Employees are not saving enough for retirement, and often not even aware of the fact. Employers have a duty to ensure their workforces make appropriate plans for saving
We’re working longer and face more complex choices on retirement. So it’s vital that HR plays its part in planning the post-work future for employees
A UK-wide strategy to transform people's financial wellbeing in a decade has been launched today by the Money and Pensions Service (MaPS)