NEST Corporation starts work with employers to implement new pensions schemes, ahead of 2012 auto-enrolment

The National Employment Savings Trust (NEST) Corporation has launched its auto-enrolment website for staff to join the scheme, and is already working with employers to implement the new pension...

Countdown to pensions auto-enrolment: Employers start to receive information from the Pensions Regulator

Letters marking 18 months until the first employers must automatically enrol staff into a workplace pension scheme have started landing in the in-trays of chief executives of the UK’s biggest...

Men can expect 50% more income in retirement than women, as gender gap is £6,500 per year

Men retiring in 2011 expect to receive 50% more pension income than women, according to new research from Prudential.

PPF launches new framework to protect volatile pension funds going forward

Following extensive consultation, the Pension Protection Fund (PPF) today (Monday) announced details of its new pension protection levy framework which will take effect from 2012/13.

Changes to public sector pensions on procurement

Newspaper reports in recent weeks have suggested that the Government is intending to relax the present rules on pension rights for public sector workers moving into private companies. The present...

Face-to-face education boosts pensions take-up at Oracle

Software systems provider Oracle has increased the number of employers in its group personal pension scheme to 87%, following a financial education initiative.

Pensions Bill passed by the House of Lords

The Pensions Bill has been accepted by the House of Lords, further paving the away for auto-enrolment and the launch of the National Employee Savings Trust (NEST) scheme in 2012.

McCarthy & Stone launches corporate wrap for employee savings

McCarthy & Stone has launched a new pensions system for staff incorporating a self-invested personal pension (SIPP) option and ISA function.

SMEs warned to act on pensions, following findings that half do not have a scheme in place

Small and medium sized enterprises (SMEs) have been warned of the need to act now to prepare for the pending pension reforms in 2012, as research by business software and services provider sage found...

There’s gold in them pension pots (possibly)

The glory days of final salary pension scheme surpluses are long gone. But in these days of austerity and cost-cutting measures, it is still possible to find surplus locked away inside the...

Teaching unions threaten action over pensions

A coordinated strike among teachers is looming, as teaching unions are poised to join forces on industrial action over proposed changes to their pensions.

Don’t scrap short-service pension refund, says NAPF

The National Association of Pension Funds (NAPF) has called on the Government not to scrap short-service refunds for trust-based pension schemes.

Pensions