Company Pension

The OFT is to investigate defined contribution pension schemes

OFT to probe new auto-enrolment company pension schemes

Auto-enrolment is gradually being introduced, increasing the number of people using company pension schemes, so the OFT is launching a study to protect savers.

Auto-enrolment is here! How will it affect you?

Auto-enrolment is here: How will it affect you?

Auto-enrolment started this week, initially only for employers with more than 120,000 employees but it will be gradually rolled out to almost all employers by 2018.

Auto-enrolment aims to get Brits saving for retirement

Can auto-enrolment transform the UK pensions landscape?

Auto-enrolment begins on Monday 1st October 2012. It will be gradually introduced over five years and is designed to encourage employees to save for their retirement.

It makes sense to keep up to date on your total pensions savings

Pru research shows 80% don't know value of their pension pots

Research by the Prudential reveals that 80 per cent of people do not know how much they have saved for retirement and have not transferred old pensions to new employers.

Fewer employees are paying into a company pension scheme says the ONS

Company pension enrolments fall below 50 per cent

New official data from the Office for National Statistics (ONS) shows membership of company pension schemes has dropped to just 48 per cent, the lowest since records began in 1997.

UK employees pension saving has declined sharply since 1999

Pension saving in the UK falls to lowest level for 12 years

Just 38 per cent of UK workers are saving into a private pension, the lowest level since 1999 as high inflation and low wage rises put the squeeze on spare money.

Final-salary pension schemes are being shut by many UK companies

UK pension contributions stay at 12% of salary says NAPF

The annual report from the National Association of Pension Funds (NAPF) says that final-salary pension schemes are closing at an increased rate but overall contributions are stable.

Auto-enrolment could be delayed due to the state of the economy

Government could delay auto-enrolment pension reforms

The government is considering delaying the introduction of auto-enrolment in October 2012 as the economy is so weak employers and employees can't afford it at the moment.

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