Recession creates impossible pension decisions for employers, says PricewaterhouseCoopers

Nine out of ten organisations are concerned about the risks their pension scheme creates for their business.

Personal account pension savers will be better off, says DWP

More than 70% of pension savers can expect to get back more than twice they put into a personal account after 2012, according to the Department for Work and Pensions (DWP).

Higher education struggles to fund salaries and pensions of teaching staff

Lecturers in higher education institutions enjoy the fifth highest pay out of 44 professional occupations in the UK, with an average salary of 45,701, but the profession is expected to struggle to...

Government told save the DB pension

Over 1,000 defined-benefit (DB) schemes could be forced to close because of the recession.

Third sector unprepared for 2012 pensions legislation

Almost two thirds (63%) of charities have not taken into account the impact 2012 pensions legislation will have on their organisation.

TUC wants link between state pension and wages

As the UK celebrates the centenary of the first state pension payouts, the TUC has called for the Government to restore a link between state pension and earnings.

Public-sector pensions overpayment fiasco

As many as 100,000 public-sector workers, whose pensions have been overpaid for decades, could now see reductions.

Staff worry their pensions wont be enough to live on

Fewer than four in 10 employees are confident their current pension will provide for their future.

CBI calls for examination of cost of public sector-pensions

The Government must come clean about the spiralling cost of public-sector pensions by launching an independent commission to examine public-sector pension finances, according to the CBI.

Companies worried about funding pensions

Pension scheme funding is a huge concern for UK companies with 80% of employers worried about their organisations cash funding commitments to their UK pension scheme and 45% worried about inability to...

Exclusive: Beachcroft relaunches pension

Law firm Beachcroft has relaunched its pension scheme to over 1,400 employees.

Barber: No alternative to personal accounts

TUC general secretary Brendan Barber has affirmed the TUCs stance that personal accounts will form an essential part of the pensions settlement and auto-enrolment cannot take place without them.

Pensions