All Contributions articles – Page 10
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News
Savers told how to report unpaid pension contributions
On the go: Individuals with unpaid pension contributions can now consult a new factsheet launched by official entities to get a clearer understanding of what to do in these cases.
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News
Union ballots for strike action over schools’ exit from Teachers’ scheme
On the go: The National Education Union is balloting its members on industrial action over plans by the Girls’ Day School Trust to exit the Teachers’ Pension Scheme.
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News
Teachers’ Pension Scheme faces high-profile ombudsman complaints
The Teachers’ Pension Scheme is facing a number of potential high-profile complaints to the Pensions Ombudsman over alleged maladministration, including a grievance about a £98,000 overpayment, Pensions Expert can reveal.
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Podcasts
Podcast: McCloud costs dispute could damage members’ morale
Podcast: The dispute between doctors, firefighters and the Treasury over who should bear the costs of the McCloud remedy could have implications beyond the directly affected schemes, damaging trust in pensions, and lowering member morale. Hymans Robertson partner Michael Ambery and Quietroom co-founder Mark Scantlebury discuss McCloud, the statements season and the evolution of member communications.
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News
Royal Mail finalises CDC contribution rates
On the go: The Royal Mail’s new collective defined contribution plan will have a fixed employer contribution of 13.6 per cent, as well as a standard employee contribution of 6 per cent, the group confirmed on Thursday.
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News
BMA joins firefighters in threatening McCloud legal action
The British Medical Association is the latest public sector body to threaten legal action should the government persist with plans to make its members pay for the cost of the McCloud remedy.
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Features
Could CDC solve the USS crisis?
Collective defined contribution has been touted as a possible long-term solution to the problems of the Universities Superannuation Scheme, but experts and unions are not convinced of its suitability.
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News
Nine in 10 unsure of their pension entitlements
On the go: Nine in 10 people are unsure of what pension they are entitled to or whether they are receiving any pension contributions, according to new research from financial services comparison site Money.
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News
UCU demands a new USS valuation
On the go: The University and College Union has published a list of demands of Universities UK, the group representing 340 Universities Superannuation Scheme employers, which it says must be met if strike action this winter is to be avoided.
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News
Three-quarters of pension savers need more professional advice
On the go: Three-quarters of savers lack the confidence to manage their own pensions and need professional advice, according to a survey from NerdWallet.
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News
UUK tries to dispel valuation myths as UCU presses on with strike action
Universities UK, the group representing 340 Universities Superannuation Scheme employers, has argued that the rate increases facing USS members would not be alleviated by a new valuation, countering claims made by the University and College Union.
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News
University of Dundee urged to agree pensions deal with striking staff
On the go: The Scottish government’s higher education minister has urged the University of Dundee to reach an agreement with staff striking over controversial plans to move low-paid workers to a defined contribution scheme.
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News
UCU members back strike action over USS pension cuts
University and College Union members have backed industrial action over cuts proposed by the Universities Superannuation Scheme trustee and Universities UK, the group representing 340 USS employers.
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News
Firefighters threaten legal action over McCloud costs
The government is braced for more McCloud drama after the Fire Brigades Union published a letter threatening legal action to stop the cost of the remedy falling on members.
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News
Saul to create ‘feeder’ DC scheme for new members
The Superannuation Arrangement of the University of London is set to create a new “feeder” defined contribution pension scheme as it undertakes a review of its investment strategy.
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News
Budget 2021: Missed opportunity to tackle pensions ‘ticking time-bomb’
Following a Budget speech light on pensions policy announcements, the industry has been weighing in on what has been revealed, including a consultation on the charge cap and a new tax relief for low earners in net pay schemes, while others say that the chancellor has not done enough to address industry concerns.
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News
Public sector pensions cost £57bn more than declared, report finds
The government is misleading parliament and the public over the cost to the taxpayer of public sector pensions, a report from the Institute of Economic Affairs has claimed, while raising further questions around the visibility of these pension schemes.
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News
TPS continues to haemorrhage schools as 284 exit
On the go: One in four independent schools in the UK have left, or are set to leave, the Teachers’ Pension Scheme, a freedom of information request has shown.
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News
Employers hit back at benefit cut claims as USS strike action looms
On the go: Universities UK, the group representing 340 Universities Superannuation Scheme employers, has hit back at claims from University and College Union that a reform package agreed with the USS trustee will lead to members suffering benefits reductions of 35 per cent.
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News
Members on lower incomes to pay more in NHS pensions overhaul
The government has announced its intent to overhaul the way in which NHS Pension Scheme members pay contributions from April next year, following the implementation of the McCloud remedy.