Personal Accounts Delivery Authority boss is confident the new scheme will be resounding success

Personal Accounts will be a "beautiful, wonderful product" not "a default option for low earners", according to the Personal Accounts Delivery Authority (PADA).

Public-sector pensions could be unaffordable in the future

Public-sector pensions are under threat of extinction without reform, according to the London Pensions Fund Authority (LPFA).

Yvette Cooper in fighting mood over default retirement and Tory plans to up retirement from 65 to 66

The secretary of state for work and pensions Yvette Cooper has attacked Conservative plans to increase retirement age from 65 to 66 from 2016, labelling them "unfair".

Pension body warns Government: 'Get pension reforms right - and get on with it'

The Government that comes to power in May next year must work with HR and pension professionals to secure the retirement of staff, instead of playing "Punch and Judy pension politics", according to...

HR worried about unwittingly giving financial advice to staff

HR staff know they must communicate pension information to staff, but they are too scared to do it because of the legal implications.

Employers and employees need to up their pension contributions

Current levels of contributions into defined-contribution pensions are enough to secure a reasonable income in retirement for staff, according to the Pensions Policy Institute (PPI).

BT to raise contributions to its employees' pension scheme

BT is to increase its employer contributions into its defined-contribution scheme from April 2010.

Government committed to reducing higher rate tax relief on high earners' pensions contributions

A Labour Government will keep to its plan of reducing tax efficiencies on pensions for high earners, the secretary of state for work and pensions has confirmed.

Debate continues over need to overhaul state pension

HR leaders think the state pension needs further reform.

Pension scheme change is something companies cannot afford to get wrong

During 2009, we have seen a significant acceleration in the number of defined-benefit (DB) pension schemes in the UK closing to future accrual. And only this week, a number of casualties have come to...

Private-sector employees don't see pension savings as the best way to fund retirement

Although employers see pensions as a core part of their reward package, fewer than half of staff in the private sector think they are the best way to save for retirement, new research reveals.

Employer levels of commitment to defined-contribution pensions have risen

Employers' contributions to defined-contribution (DC) pensions have increased by 1.5% since 2007, despite the economic downturn.

Pensions