Hutton Review: Public sector workers will have to work longer for lower pensions

Millions of workers in the public sector will have to work for longer for lower pension funds, Lord Hutton has announced in his independent review of public sector pensions.

Government pension plans welcomed, but there are still 'several barriers' to success

The Government today announced plans for a radical reform to the single state pension, aimed at simplifying the current system and paving the way for a universal flat-rate.

Employees shut out of final salary pensions at a record rate

A record number of final salary pension schemes have closed their doors to future contributions from existing members, the National Association of Pension Funds (NAPF) revealed today.

Reward is the spur to corporate culture change

Improving risk management is now a priority for many companies. Regulatory intervention across jurisdictional borders, rigorous health and safety priorities, bribery and whistleblowing legislation,...

Increased employee contributions will not fatally undermine local government pension scheme

A pension specialist has disputed claims that making council workers pay more into their pensions would fatally undermine the local government pension scheme.

Employers have only six weeks for pensions rethink

UK companies face yet more legislation in running their pension schemes and new developments will add to the complexity and cost - and the deadline for their implementation is 6 April.

Uniq sheds its pension scheme to save its bacon

It was announced on 9 February that, after an 18-month debate, sandwich maker Uniq had finally reached agreement with the Pensions Regulator and the Pension Protection Fund (PPF) on the future of its...

Government in danger of mis-selling pension auto-enrolment, NAPF warns

The Government risks being accused of a 'mis-selling scandal' if it does not match pension auto-enrolment reforms with an overhaul of the state pension, the chairman of the UK's leading pension body...

Working women less likely to financially protect themselves if unable to work

Working women are less likely than men to have financial back up should they be unable to work.

Improve standards in defined contribution pension provision to encourage saving, says regulator

The Pensions Regulator is inviting employers to comment on how standards in defined contribution provision can be raised and greater confidence in pension saving achieved.

Ignore benefits and pay at your peril

As some companies report an upturn and others only just start to feel the pain, no organisation should neglect the effect of reward on talent.

Pensions must be better targeted at the i-phone generation if they are to save more for retirement, says bank

Employee pension schemes must appeal to "the i-phone generation", according to provider HSBC.

Pensions