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.
Morrisons is set to change pension contributions for hourly-paid staff, lowering its employer contribution, a union has claimed.
Shortening the length of time for which opt-outs from auto-enrolment remain effective could keep more workers in the NHS pension.
A research project by Nest Insights showed that requiring employees to opt out of saving boosted participation.
Stephen Bird says contributions to workplace pensions must double to avoid a “very real crisis” in UK retirement income.
DWP analysis shows a UK gender pensions gap of 35%, rising to 60% for people with their savings only in DC schemes.
The age at which workers will be automatically enrolled into a workplace pension would be lowered to 18 under plans...
People from ethnic minority groups are much less likely than white Britons to have a workplace pension, a report finds.
A think-tank says employers should have to inform staff about how changes to their working hours affect savings.
More than 8.6 million people could be missing out on retirement savings because they are in ‘underpensioned’ groups, according to...
The gender pensions gap reaches 55% by the time a woman retires, according to analysis from insurer Legal & General.
MP says the age and earnings thresholds that have existed since auto-enrolment began should be scrapped.
The chief executive of The Pensions Regulator has said it is working with Uber to set up a workplace pension.
Women in OECD countries receive around a quarter less income than men from the pension system.
The average woman in her twenties will have to work almost 40 years longer than her male counterpart to build...
Data from the Office for National Statistics has revealed a stark difference in levels of pension saving between people of...
