SMEs forced to freeze salaries or take pension contributions from profit to fund auto-enrolment

More than a third of small businesses will be forced to freeze salaries to pay pension contributions and afford the cost of auto-enrolment, when it comes into effect next year, according to the...

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Lower wage earners face pension shortfall in retirement, according to ONS stats

Low pension scheme membership by employees in low-income brackets is affecting how they will live when they retire.

Danny Alexander: Strike action over public sector pension reform will be a "colossal mistake"

Unions will be making a "colossal mistake" if they strike next week over public sector cuts and pension reforms, according to treasury minister Danny Alexander.

Pensions industry tops a poll for the best colleagues and job satisfaction

The pensions industry has come top in a poll of the best colleague relationships.

Worth it: L’Oréal pension scheme earns NAPF Pension Quality Mark

L’Oréal, the cosmetics and beauty company, has received the Pension Quality Mark (PQM) for its defined contribution (DC) pension scheme.

NEST appoints primary pensions adviser

Global law firm Wragge has been appointed as the primary pensions legal adviser to the NEST (National Employment Savings Trust) Corporation.

Two choices face business, following abolition of the default retirement age

Until recently, employers could retire any employee simply because they were aged 65 or over, pretty much without question.

NAPF celebrates 100th employer to receive its pensions quality mark for a defined contribution arrangement

Vodafone has become the 100th employer to get the Pension Quality Mark (PQM) for offering its staff a high quality pension.

Widespread ignorance persists of imminent NEST and auto-enrolment, survey finds

A 'majority' of employers are unaware of auto-enrolment for pensions schemes, which is due to be introduced to some companies next year and will become a legal obligation for all in the next few...

HM Treasury shouldn’t jeopardise sustainable public service pensions, says Commons committee

The Commons Public Accounts Committee publishes a report today, which, on the basis of evidence from HM Treasury and the Department of Health, examines the cost of public service pensions and the...

Pensions minister Steve Webb warns business to play fair on pensions

Pensions minister Steve Webb (pictured) says employers must stop “tricking people” into giving up pension rights.

TUI Travel uses Thomson brand to consolidate pension arrangements

Leisure travel provider TUI Travel is to cap the rate of future growth of pensionable pay for its UK defined benefit pension schemes to a maximum of 2.5% per annum and measures to address the ongoing...

Pensions