All Retirement articles – Page 4
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NewsMore than 8.6mn missing out on workplace pension savings
On the go: More than 8.6mn people from “underpensioned” groups are missing out on workplace pension savings, according to a report by Now Pensions.
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NewsNHS staff offered ‘partial retirement’ with scheme eligibility expanded
Members of the NHS Pension Scheme will have the option of “partial retirement” under proposed government reforms aimed at stemming the flow of health workers leaving the NHS.
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NewsOECD: Countries should pursue pension reforms despite uncertainty
On the go: Policy makers should pursue pension reforms despite the current economic uncertainty, as delays would put at risk the well-being of current and future pensioners, the OECD has warned.
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NewsRetirement standards compromised by changes in pensions system
On the go: Changes made to the UK pensions system are positive for sustainability but are leaving savers’ retirement standards compromised.
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NewsProviders called to improve DC decumulation digital tools
On the go: Providers of defined contribution schemes need to “vastly improve” their digital offers so members can make the right choices in decumulation, warns Hymans Robertson.
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NewsAon warns of 'unintended consequences' from pension campaign
On the go: Aon has warned the Pensions Awareness Week campaign could have “unintended consequences” due to the current cost of living crisis.
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NewsLecturers’ USS lawsuit to proceed to the Court of Appeal
On the go: A lawsuit against Universities Superannuation Scheme directors alleging climate inaction and breaches of duty will be heard by the Court of Appeal.
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NewsLabour ‘should bring in workplace pension for self-employed’
On the go: A future Labour government should look to establish a workplace pension for self-employed workers, a centre-left think tank has said.
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NewsRetirement risks make UK drop to 10th in global pensions index
The UK slipped from ninth to 10th in Mercer’s latest retirement income survey, as the long-term shift from defined benefit to defined contribution leaves members facing greater retirement risks.
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OpinionRetirement outcomes: The buck stops where?
HUB Group chief marketing officer Stephen Lowe questions who is responsible for delivering better retirement outcomes for pension scheme members?
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NewsSavers accessing pension pots for the first time rises 18%
On the go: The number of pension pots accessed for the first time in 2021-22 jumped by 18 per cent, according to new figures from the Financial Conduct Authority.
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NewsAE contributions not reaching those most in need
While many employers offer auto-enrolment contributions above the minimum rate, the workers that benefit are seldom those most in need, according to new research from Nest Insight.
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NewsMPs call for AE reforms to be introduced by spring 2023
The Work and Pensions Committee has called on the government to introduce auto-enrolment reforms next spring, while setting up new policy goals to ensure a “new consensus on adequate retirement income” is achieved.
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NewsRisk in retirement: Where are we now?
Join the Financial Times and Pensions Expert for an exclusive two-hour briefing, in association with Societe Generale, to discuss increasing pension portfolio risks and exploring what more can and needs to be done to secure safer outcomes in retirement.
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NewsInflation presents ‘considerable risk’ to DC pension pots
Skyrocketing inflation figures pose unique challenges for defined contribution pension schemes as memberships surge to record highs, according to the Pensions Policy Institute’s DC Future Book.
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NewsGuy Opperman removed as pensions minister
The UK’s longest-serving pensions minister, Guy Opperman, has been removed from his post by new prime minister Liz Truss, after five years in the role.
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NewsFBU urges employment tribunal to protect member benefits
The Fire Brigades Union has said it will encourage and assist its members in taking claims before an employment tribunal to protect their pension benefits, while it continues to negotiate with the Home Office for a permanent solution.
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NewsDB members could lose £25,000 to inflation increase caps
On the go: Members could stand to lose out on £1,200 a year due to caps on inflationary increases in defined benefit schemes, amounting to £25,000 of missed income over a lifetime, according to analysis from XPS Pensions Group.
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NewsGovernment presses ahead with NHS scheme uplifts
The Department of Health and Social Care has expanded on its plans to change the way member contribution rates are calculated and decided in the NHS Pension Scheme, launching a new consultation laying out its proposed uplifts to contribution tier thresholds.
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NewsUK retirement security declines for fifth successive year
On the go: Falls in the UK’s quality of life, financial health and wellbeing have driven the nation’s retirement security ranking down to 19th in Natixis Investment Managers’ global retirement index, representing its fifth successive decline.