Fewer than half of employees are aware of auto-enrolment, says Scottish Widows

Only 39% of full and part-time employees are aware of auto-enrolment, according to a report published today by insurer Scottish Widows. Awareness levels are even lower among employees who don’t have a...

Is auto-enrolment the first step on a road to wholly employer funded pensions?

The Olympic Games have passed without incident; meaning only two major events still have the potential for cataclysmic consequences for the UK in 2012. The first event is the ‘2012 phenomenon’,...

Wasabi launches its first UK employee benefits package

Wasabi the sushi retailer has, for the first time, introduced a pension and benefits package to its UK employees.

Morrisons launches pension scheme tailored for auto-enrolment

Morrisons has launched a cash balance pension scheme in preparation for its auto-enrolment staging date on 1 October.

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Unite members vote to accept Government proposals on pension reform

Members of Unite, Britain's largest trade union that work in local government have voted to accept the proposals negotiated between local government employers and the trade unions on changes to the...

Quantitative easing increases defined benefit pension deficit by £375 billion, claims Bluefin

Following the Bank of England’s paper on the impact of quantitative easing (QE), research from Capita’s employee benefits business, Bluefin Corporate Consulting, has revealed that the total deficit of...

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Government prepares for single state pension, say industry experts

Pensions experts have suggested the Government is flexing its muscles to introduce a flat rate state pension, following its announcement yesterday that amount of state pension money paid out to...

State pension income varies from £7 a week to £230 a week, DWP finds

The amount of state pension money paid out to pensioners can differ by more than £200 a week – that’s a difference of £10,000 a year, according to the Department for Work and Pensions.

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GMB members vote 95% in favour of local government pensions deal

The new Local Government Pension Scheme 2014 proposals represent a fair and balanced outcome, which means the pension scheme will remain affordable and sustainable says GMB.

Auto-enrolment and ‘the burden of choice’

The UK pensions system has led many to lose confidence and no longer save for retirement.

Changes in retirement legislation look set to shake up workforce profiles, predicts Jelf

Following the abolition of the Default Retirement Age (DRA), and the chancellor, George Osborne’s, decision to link the state pension age (SPA) with longevity expectations, UK employers expect a...

It's crucial that employers, industry and Government pull together to ensure workers understand the long-term benefits of saving into a pension

Regulation coming into place in October means every employer will be required to automatically enrol staff into a workplace pension scheme. And for many employers it will mean setting up a pension...

Pensions