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.
The body overseeing compliance with pension automatic enrolment responsibilities has seen the use of its enforcement powers fall by half,...
The coronavirus has impacted not just pay but longer-term investments such as pensions. Naturally employees will have concerns over the...
With almost a quarter of roles in the UK now accessing the government’s furlough scheme, many employers have raised questions...
Changing the defined contribution (DC) pension scheme might be something organisations are considering in the context of furlough or simply...
Employers’ obligations under the pensions automatic enrolment rules continue to apply, but the Pensions Regulator has made a number of...
Less than a quarter of construction workers are enrolled in a workplace pension, it has been estimated.
Figures obtained from...
The number of women saving for retirement has hit record levels, but men will still have on average £78,000 more in their pension pot when they stop working.
An unspecified number of businesses have attempted to evade their pension duties to employees by altering their identities, The Pensions Regulator (TPR) has found.
Pensions auto-enrolment might not be the most exciting HR topic but, as Angela Sharma explains, it should never be far from the top of any HR list of things to do.
Why employers' role in helping staff to save for their retirement through the auto-enrolment scheme is far from over
Every April, HR professionals are faced with a raft of amended employment laws and deadlines for their organisation to meet....
Collectively employers spend billions on employee pensions each year, but how can they ensure staff understand the value of this...
Organisations that use self-employed labour should pay a tax that would help fund a pension auto-enrolment scheme for freelance workers,...
Employees, especially younger staff, do not understand their pensions and could be putting their financial wellbeing at risk. Ashleigh Wight...
The Pensions Regulator is bringing the first pensions auto-enrolment prosecution over allegations that a bus company and its managing director...
