Under pensions auto-enrolment, UK employers are legally required to set up a workplace pension for all qualifying employees.
The government introduced auto-enrolment in 2012 to help more people save for their retirement. Since then around 10 million people have been auto-enrolled and are saving for their retirement with their employer’s help. Employers currently contribute a minimum of 3% and employees a minimum of 5% but there are calls for these amounts to increase.
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UK Commission for Employment and Skills chief executive Chris Humphries spent five days in China last week, helping the country seen as the biggest threat to UK jobs with its own skills challenges. Here he tells Personnel Today in his own words about his experience.
Experts and ministers have welcomed confirmation by the European Commission that automatic enrolment into workplace personal pensions will be allowed...
Leisure and retail employers are likely to be hardest hit by changes brought in by the Pensions Bill, a leading...
The NHS is about to launch a huge e-learning resource, called the Health e-Learning portal. It’s one big learning beast.The...
HR teams will face a new set of challenges and bigger workloads under the government’s auto-enrolment pension plan, industry experts...
Individuals must take “personal responsibility” by saving for later life as part of a renewed social contract designed to avoid...
As another year approaches, how can human resources professionals ensure staff think seriously about pensions?Earlier this month, airport operator BAA...
Employers that fail to make payments into new personal pension accounts could be hit by fines of up to £50,000.The...
The Pensions Bill received its first reading in Parliament yesterday and proposes automatic enrolment into a qualifying workplace scheme from...
The general consensus from the heavyweights in the world of pensions would have us believe that auto-enrolment and personal accounts...
