Parliament to consider amendments to pensions bill

The House of Lords this week will examine amendments to The Pensions Bill to provide greater transparency of charges in pension plans.

Payroll providers divided over auto-enrolment simplification

Payroll and pension systems companies are split over Department of Work and Pension (DWP) amendments to auto-enrolment legislation.

HRDs warned over quality of pension schemes

HR directors need to “wake up” and ensure they offer good quality pensions as more employees take up workplace schemes through automatic-enrolment, a pensions expert has warned.

Audit of low-value pensions schemes gets underway

Workplace pension schemes that provide poor value for money are set to be investigated following the appointment of a new independent board, the Office of Fair Trading (OFT) has announced.

Pensions 'capacity crunch' on the horizon

More than 80% of pensions-focused businesses expect the volume of changes affecting pensions to damage services they provide over the coming year, a survey suggests.

Nest urges employers to prepare for auto-enrolment

Almost two thirds of the first employers to automatically enrol their staff into workplace pensions found meeting the duties more difficult than anticipated, a not-for-profit pension scheme has said.

Auto-enrolment fees cap delayed

Plans to cap management fees charged by pension providers have been delayed, according to a pensions expert.

Women face retirement shortfall of £8k a year

Women are not saving enough for their retirement and anticipate receiving nearly £4,000 less pension income each year than men despite working for 11 months longer, research has found.

Autumn Statement: Gen Y won't receive pension until 70

The state pension age is set to rise to 70 after 2050, chancellor George Osborne has said.

Pensions regulator targets recruitment in auto-enrolment probe

The Pensions Regulator (TPR) has visited a number of recruitment agencies as part of an in-depth look at sectors that could face auto-enrolment compliance issues.

Government sets out proposals to re-shape workplace pension schemes

The Government has set out a range of proposals to reshape workplace pensions for future generations.

Government considers cap on 'rip-off' pension charges

Pensions minister Steve Webb (pictured) has confirmed he is backing a 0.75% cap on auto-enrolment pension scheme charges to ensure workers are given a fair deal.

Pensions