Automatic enrolment: when it comes to pensions, what constitutes a 'worker'?

Automatic Enrolment begins on 1 October 2012 and will affect all employers by 1 April 2017. Employers have each been assigned a "staging date" during this period based on their PAYE scheme size as at...

Industry experts claim NEST and the Government are ‘geared up’ to get employees involved in retirement saving

An international line-up of academics, policymakers, advisers and opinion-formers gathered yesterday at the National Employment Savings Trust (NEST) Forum 2012 in London, to debate the issues...

Employee confidence in pensions hits rock bottom, finds NAPF

Public confidence in pensions has fallen to an all-time low just months before the Government starts automatically putting every worker into one, according to the National Association of Pension Funds...

Pensions auto-what? HR urged to join forces with other parts of the business to prepare for pensions changes

It is barely eight months until new pensions regulations come into force requiring employers to commence auto-enrolment of staff into occupational schemes. But according to the CIPP, three-quarters of...

Planning for pensions auto-enrolment: are you ready?

In October 2012 we will see the introduction of major pension reforms in the UK but auto-enrolment is not just a pension issue; it will impact HR, payroll, pensions and finance functions.

Pensions Regulator publishes approach to maximising employer compliance with auto-enrolment

The Pensions Regulator published its approach to maximising employer compliance with new automatic enrolment duties and supporting the pensions industry to deliver defined contribution (DC)n pensions.

Employees warned off quitting pensions in exchange for short-term loans

Employees have been warned to steer clear of pension offers that claim to be able to provide loans or release tax-free cash from people’s pension pots before they reach age 55

Numbers of employees saving for retirement at lowest levels since 1997, finds ONS

The number of employees saving into a workplace pension has fallen to a record low of 48%, according to the Office for National Statistics.

BMA ballots doctors on industrial action over pensions, but strikes are out of the question

The British Medical Association has become the latest public sector organisation to ballot members for industrial action short of striking on the Government's NHS Pension Scheme proposal.

Employees 'putting off' retirement because they can't afford it, reveals Prudential

More than one in 10 people who had planned to retire during 2012 are making alternative arrangements and putting off drawing their pension for the time being, according to Prudential.

Leeds Building Society outsources pensions auto-enrolment admin for 900 staff

Leeds Building Society has outsources its pensions auto-enrolment administration to Equiniti ICS, an HR and payroll provider

CBI unconvinced by EU pensions whitepaper

The Confederation of British Industry (CBI) has given a hostile reception to the European framework for pensions.

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