Working single mothers have missed out on an estimated £852 million in pensions savings because they are not covered by the auto-enrolment scheme introduced in 2012.
Chancellor Jeremy Hunt gave his 2023 budget announcement to parliament yesterday (15 March), prioritising expanding the workforce and changes to pensions.
Employees could be given the power to choose their own pension provider in a move that could see the end of staff having to close one pension down and start a new one every time they change jobs.
The government has announced a further delay to the Pensions Dashboard Programme which seeks to provide a centralised service for people to find and interact with their state, employer and private...
Just 25% of workers from ethnic minorities have a workplace pension, well below the national rate of 38%.
The Chartered Institute of Payroll Professionals (CIPP) has partnered with the Pensions Management Institute (PMI) to exchange member benefits.
Women in the UK will not reach the same pension savings as men until 2028, according to a Freedom of Information request from pension consultancy Broadstone.
Just a third (34%) of women have considered the impact reducing working hours could have on their pension contributions, compared to 62% of men according to research from think tank Phoenix Insights.
Chancellor Jeremy Hunt gave his budget announcement to parliament today (17 November), as he officially announced the UK is in the midst of a recession.
More workers are opting out of workplace pension contributions as the cost of living continues to soar.
The Fire Brigades Union (FBU) has won compensation for almost 9,000 members from the government after successfully proving that changes to firefighter pensions were discriminatory towards younger...
The Pensions and Lifetime Savings Association (PLSA) has called on government to reform the UK pensions system through recommendations that could see median earners’ savings boosted by 25%.