Average retirement age increases by one year since 2004, finds ONS

The average retirement age has risen from 63.8 years to 64.6 years for men and from 61.2 years to 62.3 years for women between 2004 and 2010, according to findings from the Office for National...

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‘Damaging’ EU proposals for pensions remain on the table despite threat to UK jobs

The advice submitted by the European Insurance and Occupational Pensions Authority (EIOPA) to the European Commission on an EU Pensions Directive based on Solvency II, has sparked anger in the UK...

Cost management and pensions auto-enrolment top the employee benefits priorities, finds Aon Hewitt

The three most pressing benefits issues facing employers are managing cost; addressing low levels of employee engagement; and dealing with legislative changes, according to Aon Hewitt.

CIPP: Three quarters of employers not communicating with staff about pensions auto-enrolment

The Chartered Institute of Payroll Professionals (CIPP) has found almost three quarters of employers have not started communicating to employees about automatic enrolment, which starts to roll in from...

One in seven charity employers oblivious to pensions auto-enrolment, finds The Pensions Trust

One in seven employers in the voluntary sector are still ‘completely in the dark’ when it comes to auto-enrolment and their responsibilities towards employees, according to The Pensions Trust.

NAPF: EU pensions proposal could force DB schemes to close and push businesses into insolvency

The National Association of Pension Funds (NAPF), CBI and TUC have written to the president of the European Commission, José Manuel Barroso warning against the introduction of an EU Pensions...

Danny Alexander commits to curbing high rate of tax relief on pensions

The Government looks set to debate pensions tax relief ahead of next month’s Budget statement, with senior Liberal Democrats committed to restrict or scrap the higher rate of pensions tax relief.

'Unfair' annuities system slashes £1 billion from pension payouts every year, finds NAPF and Cass Business School

Millions of private sector workers saving for their retirement are stuck with a “hugely unfair and opaque annuity system” which cuts up to £1 billion off pension incomes every year, the National...

Government issues employer regulation for pensions auto-enrolment

The Government has published a package of regulation to help employers prepare for automatic enrolment into workplace pensions.

UK employers are ‘on auto-pilot’ for auto-enrolment, according to pensions consultancy report

Employers have failed to take the right steps to assess the true cost of auto-enrolment, according to pensions consultancy, Punter Southall.

NEST launches regional roadshows to help large employers prepare for this year's pension changes

The National Employment Savings Trust (NEST) has embarked on a series of regional roadshows for large employers and their financial advisers, to offer information about the workplace pension changes,...

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Government announces revised timetable for smaller employers to auto-enrol staff into pensions

A revised timetable for when employers of all sizes must start enrolling their staff in a workplace pension has been set out by the Government.

Pensions