Shadow health secretary hits out at Government proposals around public sector pensions

The shadow health secretary Andy Burnham (pictured) has hit out at the Government’s proposed changes to move public sector workers into an average salary pension scheme, rather than final salary...

Shadow health secretary hits out at Government proposals around public sector pensions

The shadow health secretary Andy Burnham (pictured) has hit out at the Government’s proposed changes to move public sector workers into an average salary pension scheme, rather than final salary...

NAPF warns Government changes to pensions auto-enrolment rules now will be 'highly damaging'

The Government must not make a U-turn on its plans to start automatically enrolling all workers into a pension from next year, the National Association of Pension Funds (NAPF)has warned.

Pensions Bill receives Royal Assent

The Pensions Bill 2010-11 received Royal Assent yesterday bringing into force changes, including the increase in State Pensions Age (SPA), changes following the switch from RPI to CPI for increases to...

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Government puts forward 'generous' new proposals to unions on public sector pension reform

The Government has urged trade unions to accept new proposals on average salary schemes for public sector pensions reform.

Private sector pensions system is 'significantly flawed' according to industry leaders

The pensions system in the private sector is “significantly flawed” and will leave too many people with “measly” savings, causing employees to increase their personal debt in order to ensure an income...

Pensions implications of the abolition of the default retirement age

The fact that the default retirement age (DRA) was abolished on 1 October 2011, with transitional provisions being in force since April this year, has been widely publicised

Numbers in pension schemes drop to 60-year low

The number of people paying into an occupational pension has fallen to its lowest level since the mid 1950s.

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HR 'keener than other functions' to outsource pensions administration

The closure of defined benefit schemes, escalating costs and regulatory changes are the top reasons driving UK and European companies to outsource the administration of their occupational schemes,...

NAPF Conference: employers warned to immediately tackle complexity in pensions communication, as 'the system is not working'

The National Association of Pension Funds’ chief executive Joanne Segars (pictured) yesterday urged the Government, employers, unions and industry bodies to join forces to minimise complexity around...

NAPF Conference: pensions minister warns if retirement savings situation doesn't improve, the Government will be forced to legislate further

The pensions minister Steve Webb (pictured with NAPF chief executive Joanne Segars) has confirmed the auto-enrolment regulations will come into effect next year as planned, despite speculation SMEs...

NAPF Conference: pensions managers debate if their brief sits within HR's remit

The changes to pensions legislation in 2012, will mean a shift in the job specifications of pensions managers, meaning they will "not be an obvious fit with HR, but at the same time integral to the HR...

Pensions