The Office of Fair Trading (OFT) has launched an investigation to examine whether defined contribution (DC) workplace pension schemes are set up to deliver the best value for money for savers.
State pension reforms have been unveiled, under which women, the self-employed and low earners will have their weekly income increased in a new flat-rate payment worth £144, but according to actuarial...
Details of a flat-rate state pension of £144 a week introduced in 2017 are set to be unveiled today.
Auto-enrolment and Defined Contribution (DC) pension schemes will continue to dominate HR in 2013, according to HR consultancy firm, Mercer.
This year will be another challenging one for UK pensions professionals and their clients, according to HR consultants Towers Watson.
A flat rate state pension of £140 a week, funded by increases in the state retirement age, will be one of the coalition’s main initiatives unveiled today, as it marks the halfway point in Government...
Nearly two-thirds of employers do not yet fully understand how much auto-enrolment will cost their business, according to research published today by employee benefits solutions firm Vebnet.
Proposed EU pension changes would force £350 million of extra costs onto UK businesses, hit long-term growth by a potential 2.5%, slash 180,000 jobs and cut the value of pensions, according to an...
The Pensions Regulator, the UK regulator of work-based pension schemes, has said workers should not be automatically placed into small schemes, which do not offer good value for money. It wanted...
While many businesses are still at the early stages of understanding what pension reform means to them, one thing is clear, it is going to cost business more money, says David Woodward (pictured).
In his Autumn Statement speech today, chancellor George Osborne announced he is cutting the annual pension tax relief from £50,000 to £40,000.
With even the Government admitting that only a limited amount can now be done to revive final salary schemes the pessimists’ answer might be “not much”, but for companies with such schemes still open...
