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.
Carillion culture was “rotten” and directors failed to act, says report
The board of directors at failed construction firm Carillion were “both responsible and culpable” for its failure, according to a...
Pensions Regulator sets out plan to beef up operations
The Pensions Regulator (TPR) has announced plans that it said would enable it to become more effective when dealing organisations...
Unions react to sweeping BT job cuts
BT today announced plans to cut 13,000 jobs over the next three years – 13% of its global workforce –...
Firms should contribute to self-employed pension auto-enrolment scheme
Organisations that use self-employed labour should pay a tax that would help fund a pension auto-enrolment scheme for freelance workers,...
CDC pensions: Could going Dutch be the future?
Final salary pensions are now a rarity, with most employers opting for defined contribution schemes where the employee takes all...
Younger staff ‘don’t know how pensions work’
Employees, especially younger staff, do not understand their pensions and could be putting their financial wellbeing at risk. Ashleigh Wight...
DPD to offer self-employed drivers sick pay and annual leave
Parcel delivery company DPD is to give self-employed drivers access to benefits such as paid annual leave, sick pay and...
Pensions Regulator failed to press Carillion on deficits
The Pensions Regulator (TPR) was alerted about Carillion‘s pension failings twice in the past eight years, but only began a...
Changes to judges’ pension scheme found to be discriminatory at EAT
A group of judges have won their Employment Appeal Tribunal case, which found that transitional arrangements to a new public...
Carillion tried to ‘wriggle out’ of pension obligations
Failed outsourcing giant Carillion had been trying to wriggle out of obligations to its pensions schemes for a decade, according...
Theresa May to tackle excessive bonuses that harm pension schemes
Prime minister Theresa May has vowed to fine company bosses who award themselves excessive bonuses while failing to protect workers’...
Carillion workers “face uncertain future” after collapse
Thousands of workers face uncertainty after Carillion, the UK’s second largest construction company, went into liquidation yesterday.
The company went...
Closing a pension scheme to accrual: considerations for employers
British Airways recently announced proposals to close its New Airways Pension Scheme (NAPS) due to a “significant and growing funding...
Pensions Regulator in first auto-enrolment prosecution
The Pensions Regulator is bringing the first pensions auto-enrolment prosecution over allegations that a bus company and its managing director...
10 benefits to include in a flexible benefits scheme
Flexible benefits schemes can help to boost employee recruitment and retention by increasing the range of benefits available to employees....
