Employers Pension

An employers’ pension can also be known as a company pension and is the pension scheme that is run by the company that you work for if they run one.

Many types of employer pension schemes are known as money purchase schemes whereby you and often your employer contribute a proportion of the amount of your salary to build up a pension pot that enables an individual to purchase an annuity when they are ready to retire.

With the introduction of NEST (National Employment Savings Trust) most employers will offer a company pension to employees’ requiring contributions from both employers and employees.

Related Articles

The CIPD warns that jobs could go unless the economy improves

CIPD warns of "game-changing" moment for employers and jobs

The Chartered Institute of Personnel and Development has warned that unless the economy improves employers will have to shed skilled staff who have been kept on ready for an upturn.

2012 will bring Olympic pension struggle

New 2012 pension scheme shunned by employers

Employers will not be downgrading existing pension schemes in favour of the new personal accounts system.

Pension changes come as big surprise to small firms

Employers unaware of 2012 pension changes

Over half of businesses do not know about government plans to reform pensions, even though they will hit 966,000 firms in the UK.

CBI warns that tribunals fail bosses and staff alike

Employers and employees 'failed' by tribunals

Neither employers nor employees are served adequately by employment tribunals, according to the Confederation of British Industry.

British workers are saving less than ever for retirement

Pension take up falls to lowest level since 1950's

New figures from the Office for National Statistics have revealed that British workers are saving less than ever for retirement in this tough economic climate.

See more related articles

Newsletter sign up


In addition to the weekly newsletter, which areas of finance would you like to hear from us about:

Tick this box if you would like us to send you promotions from carefully selected third parties.

By signing-up you agree to the terms of use and privacy policy.

sign-up button

Get the latest information on: