Employers could face escalating non-compliance fines if they use unregulated auto-enrolment software, the Pensions Regulator and the industry have warned.
Webb: defined ambition indexation under review
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July 1, 2012
The Department for Work and Pensions could end rules stating pension schemes must provide inflation-linked benefits to members, as part of Steve Webb’s defined ambition plans.
Webb insists debt no barrier for young
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July 1, 2012
Steve Webb has dismissed student loan repayments and mortgages as barriers to young people saving into pensions and opting out of auto-enrolment.
Setback for Nest as big win leaves scheme
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July 1, 2012
One of the National Employment Savings Trust’s largest prospective clients is ditching the scheme and is poised to sign with Legal & General instead.
Public sector pensions lack 'intergenerational balance' study warns
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June 25, 2012
The cost of unfunded public sector pensions has become 78 per cent more skewed towards young people since 2000, think-tank data has revealed.
Nest receives mixed response in public poll
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June 24, 2012
People living on the basic state pension are warning the young to stay in their workplace pension schemes post auto-enrolment, to avoid poverty in old age.
Nest sparks race for AE software market
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June 24, 2012
The pensions industry is rushing to fill a market gap created by Nest's decision not to provide auto-enrolment software.
Step closer towards '75% rule' on pay votes
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June 17, 2012
A leading corporate governance think-tank will tell the government shareholders should only need a 25% minority to vote down remuneration packages, under the binding vote.
IFA company stopped from 'impersonating' TPAS
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June 17, 2012
An IFA company accused of passing itself off as the Pensions Advisory Service (TPAS) has been forced to change its name.
RBS to auto-enrol staff ahead of staging date
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June 17, 2012
The Royal Bank of Scotland (RBS) will auto-enrol its staff in July, months ahead of its staging date.