Pensions News

Tories oppose crucial pension reforms 04 March 2010
The Conservatives yesterday (Wednesday, 3rd March) made a failed attempt to block legislation requiring all employers to automatically enrol their employees into a workplace pension scheme – a key part of the package of reforms aimed at encouraging millions more low-paid workers to save for retirement....   read more

February pensions update 28 February 2010
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Women still losing out on pensions 17 February 2010
A new survey reveals that women’s pensions are expected to be almost 40% lower than men’s....   read more

Makro to make move to CARE 04 February 2010
Makro has announced details of a proposal to change the Makro Staff Pension Scheme from a final salary basis to a Career Average Revalued Earnings (CARE) basis instead....   read more

Boots to cut pensions for 15,000 staff 01 February 2010
Boots has announced a proposal to cut pensions for 15,000 of its longest serving employees....   read more

Changes to minimum retirement age 20 January 2010
If you are age 50 or over there is an important change early this year which you should be aware of....   read more

Final auto-enrolment regulations published 14 January 2010
The final rules governing auto-enrolment into workplace pension schemes from 2012 were put before parliament this week....   read more

NEST 11 January 2010
The National Employment Savings Trust (NEST) will be the permanent name of the new national workplace pension scheme (formerly known as the personal accounts scheme). ...   read more

Regulator warns pension members over transfer “tricks” 14 December 2009
The Pensions Regulator (TPR) has warned members of defined benefit pension schemes not to be tricked by their employers into transferring their benefits elsewhere. ...   read more

Pensions in the Pre Budget Report 10 December 2009
There were some key announcements on pensions and support for older people in yesterday’s Pre Budget Report....   read more

Pensions Policy Institute Pension Facts 03 December 2009
The Pensions Policy Institute's Pension Facts have been updated and are now available on their website....   read more

DWP announce changes to state pension payments from April 2010 09 November 2009
If you reach your state pension age from next April you will no longer be able to choose to receive payment of your state pension in advance....   read more

Don’t be put off from claiming Pension Credit because of your savings 04 November 2009
Savings of up to £10,000 will now be ignored when working out entitlement to Pension Credit - the main income related benefit paid to the over 60s....   read more

Regulator - pension choices are poorly explained 28 October 2009
Some pension schemes are failing to give enough information to their members when they are about to retire, the Pensions Regulator has said. ...   read more

Pensioners are ‘paying too much tax’ 23 October 2009
A study by the National Audit Office has found that by March 2009 an estimated 1.5 million older people had overpaid tax by £171 on average (£250 million in total) whilst about 500,000 had underpaid tax by £207 on average (£100 million in total)....   read more

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