Ethnic minority workers failing to take up workplace pensions

Just 25% of workers from ethnic minorities have a workplace pension, well below the national rate of 38%.

CIPP partners with Pensions Management Institute

The Chartered Institute of Payroll Professionals (CIPP) has partnered with the Pensions Management Institute (PMI) to exchange member benefits.

Women won't reach pension parity until 2028

Women in the UK will not reach the same pension savings as men until 2028, according to a Freedom of Information request from pension consultancy Broadstone.

Women underestimating impact of reduced working hours on their pensions

Just a third (34%) of women have considered the impact reducing working hours could have on their pension contributions, compared to 62% of men according to research from think tank Phoenix Insights.

Autumn budget 2022 pledges tax freezes and wage boost

Chancellor Jeremy Hunt gave his budget announcement to parliament today (17 November), as he officially announced the UK is in the midst of a recession.

Cost of living leads workers to opt out of pensions

More workers are opting out of workplace pension contributions as the cost of living continues to soar.

Firefighters win compensation in pension discrimination dispute

The Fire Brigades Union (FBU) has won compensation for almost 9,000 members from the government after successfully proving that changes to firefighter pensions were discriminatory towards younger...

Government urged to reform UK pensions system

The Pensions and Lifetime Savings Association (PLSA) has called on government to reform the UK pensions system through recommendations that could see median earners’ savings boosted by 25%.

Green pensions increasingly important to workers

Workers are favouring companies that offer green pension plans, according to research from Scottish Widows.

UK workers forced to rethink retirement plans

UK workers are having to work for longer before retirement due to the increased state pension age, while receiving less money from their pensions than they would need to retire comfortably.

UK launches new pension scheme to boost retirement options

The UK government has unveiled a new pension scheme to provide workers with more options for their retirement funds.

Muslim workers in the UK face pension gap of £11.5 billion

Muslim employees face a pension gap of up to £11.5 billion, according to research from pension firm Penfold.