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 percentage of private sector employers making some form of pension provision plummeted from 41% in 2007 to 28% last...
Many large employers may level down their contributions to employees’ pensions once auto-enrolment begins in 2012, the Association of Consultuing Actuaries...
Employers have given government plans for automatic enrolment into a workplace pension scheme from 2012 a lukewarm reception. A government...
Numerous recent reports in the media have criticised pensions providers for being greedy, claiming that high charges are reducing the pension pots of hard-working Britons. Steve...
Enrolment on Foundation degree courses has grown strongly over the last two years, figures from fdf (Foundation Degree Forward), a...
An independent review into how the new auto-enrolment pensions system will work has been launched by the government and welcomed...
The wave of final salary pension scheme closures is set to worsen after new research revealed 94% of employers intend...
Having successfully deployed a simple view and update of basic HR records via Oracle HR Self Service, South Lanarkshire Council were...
The ballooning public sector pension deficit must be tackled by switching employees from a final salary model to a pay-as-you-go...
Earlier this month, the government announced the intended charges for the National Employment Savings Trust (NEST).This may have passed many...
As the country emerges from recession, employers are being urged to provide financial literacy education to their staff, both to...
For several months now, UK employers have been coming to terms with the main aims of the pension reform agenda....
According to research[1] undertaken by the Association of Chief Executives of Voluntary Organisations (ACEVO) and the employee benefits adviser, Foster Denovo,...
The Department for Work and Pensions is asking employers for their views on possible changes to pensions, auto-enrolment and personal...
The UK is heading for a pensions dark age, according to insurance company AXA.It said that 64% of UK workers...
