Pensions
Pensions are becoming ever more a part of employers’ benefits packages, now that pensions pensions auto-enrolment is being rolled out.
Employers must comply with the auto-enrolment requirements from their “staging date”, depending on their size.
OECD countries all guilty of gender pensions gap
Women in OECD countries receive around a quarter less income than men from the pension system.
Younger women face £100,000 gender pensions gap
The average woman in her twenties will have to work almost 40 years longer than her male counterpart to build...
Staff could be ‘priced out’ of universities’ pension scheme
University staff could be ‘priced out’ of pension scheme that has a sizeable deficit and is seeking ‘further financial commitments’...
Arcadia pensions deficit more than £500 million
The pension deficit left by the collapse of high street giant is around £150m more than initial estimates.
Pension Schemes Act hailed as ‘landmark’
The new pensions act introduces specific criminal offences designed to prevent employers raiding pension pots and running pensions into the ground.
Gig economy: Just Eat offers couriers better terms
Food delivery company Just Eat has announced it will offer couriers pay by the hour rather than per job in...
Pandemic forcing older workers to change retirement plans
The pandemic has forced many older workers to delay retirement, with some concerned they would only be able to afford...
Arcadia Group collapse could risk 13,000 jobs
Retail group Arcadia, owned by business tycoon Sir Philip Green, is reportedly close to collapse, putting around 13,000 jobs at...
RPI phase-out will impact defined benefit pension schemes
The phasing out of the retail price index (RPI) in favour of the consumer prices index plus the cost of...
Ethnicity gap in private pension saving
Data from the Office for National Statistics has revealed a stark difference in levels of pension saving between people of...
Trustees could be forced to top up historical final salary pension pay-outs
The High Court has ruled that the trustees of defined benefit pension schemes will have to revisit any pension transfers made over the past 30 years.
Executive pensions face tighter clampdown from investors
Investors are clamping down further on executive pensions after the Investment Association updated its pay guidelines for companies.
Board directors...
Pension advice ‘nudges’ proposed by the government
Workplace pension schemes will be required to ‘nudge’ members towards getting advice when they seek to access their funds.
Preparing for stricter Covid-19 lockdowns: A guide for employers
As England’s three-tier restrictions come into force and the government faces increasing pressure to ‘circuit break’ the rising number of...
CDC pensions outperform DB and DC schemes
Collective defined contribution (CDC) pension schemes would be expected to average 70% higher than defined contribution (DC) annuities and 40%...
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