One in 10 are worried they can’t afford to retire

One in 10 people (13%) are worried they will never be able to afford to retire, according to research from the CIPD.

Employers concerned about pensions scams

Eight in 10 (84%) employers believe their staff may be at risk from pensions scams when April’s pensions freedoms come into effect, according to research by Jelf Employee Benefits.

A fifth of retirees not ready to give up work

Over a fifth (21%) of people planning to retire are not ready to give up working entirely, according to a survey by Prudential.

SMEs putting off auto-enrolment preparation until after the election

Small- and medium-sized enterprises are putting off preparing for pensions auto-enrolment until after May’s general election, according to a pensions expert.

Webb calls for government department for 'ageing society'

Pensions minister Steve Webb has called for the formation of a new government department to deal with all issues affecting pensioners.

It’s time to ‘revolutionise retirement’, says older workers champion

Business and policy leaders need to “revolutionise retirement” in the UK to encourage older people to work longer, the government’s older workers champion Ros Altmann has said.

More than half a million people to transfer from DB pensions

More than half a million people are set to transfer from their defined benefit (DB) pensions schemes to embrace flexibility, according to research by Hargreaves Lansdown

Should employers disband their pension governance committees?

If you are an employer with a contract-based DC pension scheme, the chances are that you will have set up a governance committee to help run and manage it.

Millions of savers locked out of pensions freedoms

Millions of people may not have access to the new pensions freedoms coming into effect in April, according to analysis of the pensions market by pensions consultancy Xafinity.

News

Almost five million people at risk of poor pensions decisions

Research by The National Association of Pension Funds (NAPF) has found that 4.8 million people are at risk of making poor decisions after the government's pension reforms become into effect.

Employees planning for retirement sooner due to pensions freedoms

Over a third (34%) of employees will think about planning for retirement sooner as a result of new freedoms, according to research by NEST.

Three-quarters of employers noticing impact of auto-enrolment

Three-quarters (75%) of employers are noticing an administrative impact of auto-enrolment, according to research from Close Brothers Asset Management.

Pensions