Pension pots will diminish for younger workers, according to analysis by Barnett Waddingham

Figures produced by the actuarial firm Barnett Waddingham point to a big disparity between what a young person can expect to receive in the future by way of a private sector pension arrangement...

Doctors vote against Government's reforms for NHS pensions

Doctors and medical students have “overwhelmingly” voted to reject proposed changes to the NHS pension scheme.

Pensions jargon could prevent millions from saving for retirement finds NEST/YouGov

Millions of employees are set to start saving for their retirement with pensions auto enrolment coming into effect in October, but research by the National Employment Savings Trust (NEST) and YouGov...

Union anger as Shell becomes last FTSE 100 employer to close final salary pension scheme

Royal Dutch Shell’s decision to close its final salary pension scheme to new members has provoked anger amongst trade unions.

EU pensions regime could cost UK employers £500 billion and decimate jobs market, experts claim

Employers would have to inject at least £300 billion into their final salary (defined benefit) pensions if a new EU law goes ahead, causing damage to the UK economy and jobs market.

ACA urges Government to 'be bold' as gulf between private and public sector pensions grows

The gulf between private and public sector pensions is set to grow in a tough economic climate, prompting the Association of Consulting Actuaries to call for the Government’s promised paper in the New...

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Auto-enrolment: the 'millennium bug' of the pensions world?

Just over a decade ago the ‘Millennium Bug’ saw many companies paying over the odds to IT firms at the last minute to check, correct and update their technology.

Government lays out 'final decision' on public sector pensions

The Government has announced its ‘final decision’ on the future of public sector pensions. Over the three years from 2012, public sector employees will have to pay 3.2% of salary into their retirement...

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Teachers will have to pay more to pension pots next year to save £314 million, says Department of Education

Employer contributions for teachers’ pensions will remain the same this year, but next year staff will have to contribute more, says Department for Education.

Government launches plans to abolish short service refunds, to get more employees saving in pension schemes

New plans have been published to ensure money saved into a pension stays in a pension, in a bid to get millions of people saving into workplace pensions.

Jump in numbers of employers closing defined benefit pensions since 2010, finds NAPF

The number of businesses that have closed their final salary pension to all of their staff has jumped by a third, the National Association of Pension Funds (NAPF)has revealed.

Economic uncertainty leads to stagnation of pension contributions, Mercer reveals

Contributions to UK defined contribution (DC) pension schemes have stagnated as employers face tough market conditions and the challenge of introducing auto-enrolment, according to a Mercer survey.

Pensions