Pensions

A voluntary pensions target described as the Living Wage’s little brother is being launched today (21 March), creating a new contribution benchmark to ensure adequate retirement income for workers....

Thousands of employees at 150 UK universities are striking again over pay, pension cuts and working conditions. Despite hopes of a resolution, University College Union (UCU) members – including...

Single mothers have missed out on more than £852 million in pension contributions since 2012 because they are “locked out” of auto-enrolment (AE). Research carried out by NOW: Pensions...

Jeremy Hunt has abolished the lifetime allowance in today’s Budget, as part of a range of measures designed to keep older employees in the workforce. The lifetime allowance, which...

The gender pension gap currently sits at 40.5% for 2020–21, almost unchanged from the initial estimate made half a decade ago, and represents an annual shortfall of £7,100 on...

Conservative MP Anthony Browne has brought a Ten-Minute Rule Bill in Parliament, proposing that employees be given the right to choose their own pension plan and have their employer...

Around 38% of working-age people, equivalent to 12.5 million, are under saving for retirement when measured against their pre-retirement earnings. The Department for Work and Pensions found that ‘there...

The Department for Work and Pensions (DWP) has confirm that the Pensions Dashboards Programme is unlikely to meet its original delivery deadlines. In a minister statement, the new pensions...

More than 10 years on from the introduction of automatic enrolment, defined contribution (DC) pension schemes are continuing to grow in popularity, but Benefits Expert's Guide to DC Pensions...

When the government began the rollout of auto-enrolment (AE) back in 2012, only four in 10 people had a workplace pension. Marking 10 years of the initiative last autumn,...