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Byline: Katie Scott Less than a quarter (24%) of respondents check what pension contributions are on offer by a prospective employer before accepting a new job, according to research by [...]

Byline: Katie Scott The government has frozen the workplace pensions auto-enrolment trigger at APS10,000 a year. The earnings trigger for employees to be automatically enrolled into a workplace pension arrangement [...]

Byline: Katie Scott The accounting deficit of defined benefit (DB) pension schemes for the UKas largest 350 organisations fell by APS22 billion from APS149 billion on 31 October 2016 to [...]

Byline: Katie Scott Tata Steel UK is to consult on the closure of the British Steel pension scheme (BSPS) to future accrual. Under the proposals, the organisation’s defined benefit (DB) [...]

Byline: Katie Scott The government has launched a consultation into potential measures to counteract pensions scams, including a ban on cold calling. Chancellor Philip Hammond announced the consultation on pensions [...]

Byline: Katie Scott The deficit for UK private sector defined benefit (DB) pension schemes was APS414 billion as of 30 November 2016, compared to APS265 billion at the end of [...]

Byline: Katie Scott Employee Benefits Wired: Maximising pensions potential is now available to watch on demand. The 30-minute panel discussion can be viewed online anytime on EB TV. The live [...]

Byline: Katie Scott Post Office managers who are members of trade union Unite and employees who are members of the Communication Workers Union (CWU) will undertake 24-hour strike action on [...]

Byline: Katie Scott Employee Benefits Wired: maximising pensions potential, presented in association with Close Brothers Asset Management, will be broadcast live at 11am on Tuesday 29 November 2016. The debate [...]

Byline: Katie Scott More than half (58%) of respondents do not know how much their employer contributes to their workplace pension, according to research by Just Retirement. Its survey of [...]

Byline: Katie Scott Pension saving has increased by Au2.5 billion a year by April 2015 as a result of auto-enrolment, according to research by the Institute for Fiscal Studies (IFS). [...]

Byline: Katie Scott Early exit charges for existing pension schemesare to be capped at 1%from 2017. The cap aims to ensure that individuals over the age of 55 who wish [...]

Byline: Katie Scott The long-term savings industry has been arguably slow to embrace the digital revolution. As a long-term product with low levels of engagement, while progress has been made, [...]

Byline: Katie Scott Rolls-Royce has completed a APS1.1 billion pension buyout for its Vickers Group pension scheme. The APS1.1bn buyout transaction with Legal and General covers more than 11,000 members [...]

Byline: Katie Scott Just over half (52%) of employee respondents who are currently saving into a workplace pension would be willing to contribute more than 5% of their salary themselves, [...]

Byline: Katie Scott Around athird (32%) of London-based financial services organisation respondents are not providing additional flexibility for employees who may be affected by the changes to the annual and [...]

Byline: Katie Scott More than half of employer respondents believe the lifetime individual savings account (Lisa) is likely to discourage younger employees from saving into a workplace pension, according to [...]

Byline: Katie Scott Post Office staff who are members of trade unions Unite and the Communication Workers Union (CWU) are taking part in strike action in a dispute over the [...]

Byline: Katie Scott What is financial education? Financial education provides employees with information and guidance relating to financial matters. It can cover workplace benefits such as pensions, share plans and [...]

Byline: Katie Scott More thantwo thirds (68%) of respondents who would consider opening a lifetime individual savings account (Lisa) would save into it alongside theirpension, according to research by Hymans [...]

Byline: Katie Scott The government has published its new Pension Schemes Bill, which lays out stricter operating criteria for master trusts and begins the process of capping early exit charges [...]

Byline: Katie Scott The government is to develop a single, public financial guidance body to provide individuals with easy access to pensions and money guidance, and debt advice. The new [...]

Byline: Katie Scott EXCLUSIVE: TV and film advertising organisation Brand of Entertainment Network Group (Ben Group) has launched a new pensions engagement platform for staff. The online investment strategy platform, [...]

Byline: Katie Scott Car manufacturer BMW is to consult on the closure ofits two final salary pension schemes to future accrual. BMW is looking to make the changes to thedefined [...]

Byline: Katie Scott How is your organisation engaging employees with pension saving? What impact have legislative changes had on your organisation’s pensions strategy? This week is your final chance to [...]

Byline: Katie Scott Will the Lifetime individual savings account (Lisa) impact workplace pensions? How have the pension flexibilities influenced your pensions strategy?How is your organisation approachingauto-re-enrolment? Take partin the exclusiveEmployee [...]

Byline: Katie Scott Post Office employees who are part of the Communication Workers Union (CWU) and managers who are members of trade union Unite are taking part in strike action [...]

Byline: Katie Scott The pensions industry, with the support of the Treasury, is to build a pensions dashboard prototype by March 2017. The pensions dashboard is a platform that will [...]

Byline: Katie Scott Three quarters(75%) of respondents are not actively encouraged by their employer to check their workplace pension during working hours, according to research by Aegon. Itssurvey of 386 [...]

Byline: Katie Scott Retailer Marks and Spencer has enhanced the pay deal offered to staff, including the extension of top up payments and pension cash supplements for affected employees. The [...]

Byline: Katie Scott Automatic enrolment owes its success to the harnessing of inertia. Employees are, by default, enrolled into their employeras pension scheme and contributions are automatically deducted and invested [...]

Byline: Katie Scott Multi-national tyre firm Pirelli has agreed two longevity swaps for its UK pension arrangements to counteract the risks of an ageing population. The longevity swaps have been [...]

Byline: Katie Scott The government has launched a consultation on whether defined contribution (DC) pension members should be able to access their retirement funds early to pay for financial advice. [...]

Byline: Katie Scott Post-Brexit, the proportion of savers into a defined contribution (DC) pension scheme who will retire on an inadequate income has risen to 75% from 66%, according to [...]

Byline: Katie Scott Since Richard Harringtonas appointment as parliamentary under secretary of state at the Department for Work and Pensions in July 2016, there has been much industry speculation about [...]

Byline: Katie Scott Funding levels in defined benefit (DB) occupational pension schemes have caused immediate concern, with falling gilt yields increasing deficits significantly. Employers with open DB schemes may consider [...]

Byline: Katie Scott Some APS4.3 billion has been paid out in 300,000 lump sum payments under the pension freedoms between April 2015 and April 2016, according to research by the [...]

Byline: Katie Scott Food and drink organisation Nestle has agreed to a pay and pensions deal for 7,600 UK employees put forward by the GMB and Unite trade unions. The [...]

Byline: Katie Scott Manweb Corporate Pension Trustee has agreed a APS1 billion longevity swap with Abbey Life Assurance, which covers around 4,000 members of the Manweb Group of the Electricity [...]

Byline: Katie Scott EXCLUSIVE: Commodity trading organisation Freepoint Commodities has seen 45% of UK employees who are members of its workplace pension scheme check their pensions online on a monthly [...]

Byline: Katie Scott Savers have received flexible pension payments worth a total of more than APS6.1 billion since the introduction of the pension flexibilities in April 2015, according to data [...]

Byline: Katie Scott More than a third (35%) of chief financial officer (CFO) respondents cite scheme sustainability as the end goal for their organisation’sdefined benefit (DB) pension scheme, according to [...]

Byline: Katie Scott Richard Harrington has been named parliamentary under secretary of state at the Department for Work and Pensions (DWP). Although it differs in name, the role will cover [...]

Byline: Katie Scott Baroness Ros Altmann (pictured) has left her post as minister of state for pensions. The change forms part of a cabinet reshuffle following the resignation of David [...]

Byline: Katie Scott The aggregate deficit of defined benefit pension schemes in the Pension Protection Fund (PPF) 7800 Index reached Au383.6 billion at the end of June 2016, an Au89 [...]

Byline: Katie Scott The Department for Work and Pensions (DWP) has launched a consultation on the future of the National Employment Savings Trust (Nest) to investigate whether the service needs [...]

Byline: Katie Scott The Pensions Ombudsman has ruled that the widow of a deceased member of the Signet Group Pension Scheme was not entitled to receive a spouse’s pension because [...]

Byline: Katie Scott The government has launched a consultation into potential government support options for the British Steel pension scheme. The defined benefit scheme has approximately130,000 members, with assets and [...]

Byline: Katie Scott Exit charges on occupational pension schemes could be scrapped as part of new proposals launched by the Department for Work and Pensions (DWP). The proposals aim to [...]