CIPD recognised for the quality of it's defined contribution pension

The CIPD has been given the pensions industry's top mark of excellence for its staff pension scheme.

CBI stresses the urgency of pension reform to tackle the issue of under-saving now

The Confederation of British Industry has urged the Government to press ahead with reforms to the pensions system, due to come into force in two years' time.

The average 30 year-old's projected annual pension has just dropped by 544

The projected pension pot of an average 30 year-old when he or she retires at age 65 has shrunk by 544 over the past month.

Employers forced to reduce employee benefits in preparation for pensions auto-enrolment

The country's largest employer are considering 'levelling down' their pension contributions to help bear the cost of auto-enrolment coming into effect in 2012.

DWP reports growing employer and employee optimism for pension auto-enrolment

The Department of Work and Pensions (DWP) has launched a report showing more than half of employers and two thirds of staff are in support of auto-enrolment into pension schemes.

Government's pensions tax proposals are better than Labour's but still need improvements

The coalition government's revised proposals for restricting tax relief on pension savings are an improvement on those presented by the previous government, but there are still areas of concern,...

Auto-enrolment into company pension schemes means staff could see their slice of the cake get significantly smaller

Next month ushers in the two-year countdown to the biggest change in pensions provision history since the introduction of the 'old age pension' of five shillings a week 100 years ago - auto enrolment...

Inadequate standard of living predicted for retirees as pensions pots shrink further

Pension pots have shrunk again in the past four weeks, with the annual pension income of a 60 year-old predicted to decrease by 358 and that of a 30 year-old by 518.

Pensions experts unhappy about proposals to ban transfers from final-salary pensions to personal schemes

The Department of Work and Pensions has announced proposals to abolish transfers from final-salary schemes into personal pensions from 2012 onwards.

2016 is too soon to raise the state pension age for men to 66, says National Association of Pension Funds

Employees need more time to prepare for the increase in state pension age, according to The National Association of Pension Funds (NAPF).

FTSE 100 companies paid 17.5 billion into their defined-benefit pension schemes in 2009 to tackle deficits

Britain's biggest companies pumped record amounts into their pension schemes last year in an effort to plug gaping pension black holes.

Research shows employers' awareness of the need to provide more generic financial education for staff

Employers admit they need to raise the bar when it comes to financial education, according to new research.

Pensions