Category Archives: Pensions

Starting from October this year, and depending on the size of your business, employers will have to automatically enrol all eligible workers into a qualifying pension scheme. The Government has now confirmed that automatic enrolment rates for the next tax … Continue reading

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This year will see the introduction of radical pensions reform as the Government attempts to bridge the gap between pension savings and years in retirement with the introduction of auto-enrolment. Pension fact: Just 33 per cent of public sector employees … Continue reading

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Once upon a time there were eight different pension regimes which caused a great deal of complexity.  Then along came a Labour government which decided the regimes  should be brought together under a set of simplified rules.  This was referred … Continue reading

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The latest Pension Trends survey from the Office for National Statistics (ONS) reports that the recession caused pension contributions to tumble. Meanwhile, life expectancy continues to grow, and the state pension age is creeping up as a result. The longer … Continue reading

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Many people spend time thinking about what retirement might look like financially, and this is particularly important now, especially given the current state of the markets, the economy and interest rates. Pension funds have been depleted by higher tax charges, … Continue reading

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The Pensions Regulator has issued guidelines for employers on how to deal with the upcoming new mandatory workplace pension scheme. Under the scheme, which rolls out between October 2012 and September 2016, all employers will eventually be required to automatically … Continue reading

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Plans to begin implementing auto-enrolment pension schemes in 2012 will hamper the ability of smaller firms to run their businesses, it has been claimed. A new survey from the Institute of Directors (IoD) found that over a half of the … Continue reading

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In the summer of 2007 a seminar from one of the major UK insurance companies at Mere Golf & Country Club caused something of a stir. The topic was pensions and the changes that were due to come over the … Continue reading

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People won’t be able to dip into their pensions early. The Government had been consulting on the possibility of giving people access to their pensions before they retire. One aim of the proposal was to encourage younger people to save … Continue reading

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The Government should look at lifting the £150 tax-free limit on independent financial advice paid for by employers. The call has come from the Association of Consulting Actuaries (ACA) as part of its submission to the Workplace Retirement Income Commission … Continue reading

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