pensions

Employers are saving up to £4.15bn in reduced pension contributions annually as a result of the ongoing decline in defined benefit pension schemes, new research indicates.

Secretary of State for Work and Pensions David Blunkett has announced a special event is being held to tackle the seriousness of inequalities UK women face regarding their pensions.

As many as 3.5 million Brits are spending £5.4bn annually in 'pocket money' hand outs to their retired parents, new research indicates.

The Board of the Pension Protection Fund (PPF) has published proposals for the implementation of a risk based levy for all schemes as early as possible within the next financial year.

The Pensions Commission believes it is impossible to determine the 'adequacy' of retirement saving by looking at the level of national savings rate.

The Pension Commission has hinted at more heavy-handed government intervention in order to try to solve the pension crisis.

The Pensions Regulator has published two further draft codes of practice relating to member nominated trustees and providing guidance for trustees changing scheme rules.

As many as eight in ten people contributing to their pension expect they will not have enough money to live on at retirement, new research indicates.

SUPERMARKET GROUP Somerfield has insisted any bidder would have to make guarantees to its pensioners for at least the next six years, according to this morning's Daily Telegraph .

David Blunkett MP, has made it clear the withdrawal of the welfare state as we know it is under way, and the government is pushing strongly for individuals to look after themselves by acquiring their own savings and assets.