Workplace pension pensions. Medical search. Frequent questions

Setting up a new pension scheme means dealing with large volumes of information and employee data. (legalandgeneral.com)
There are many reasons why you may be considering transferring your company's pension scheme to a new provider. (legalandgeneral.com)
Our Manage Your Scheme system is an online pension administration service designed to make it easier for you to manage your workplace pension. (legalandgeneral.com)
Access your pension scheme data with ease using our portal, My Scheme Intelligence (MySI). (legalandgeneral.com)
All UK employers must formally assess their employees' eligibility for a workplace pension, send letters to their employees confirming their status, and enrol their employees into a workplace pension scheme if they meet the criteria. (nannytax.co.uk)
Once enrolled into the pension scheme, both the employer and employee contribute to the pension. (nannytax.co.uk)
Auto enrolment is a government initiative which requires all UK employers to 'automatically' enrol any qualifying employees into a workplace pension scheme and make contributions towards that pension. (nannytax.co.uk)
re-assess and potentially re-enrol employees who previously chose to leave the pension scheme. (nannytax.co.uk)
What is the risk of not offering a pension scheme? (nannytax.co.uk)
What if staff do not wish to join a pension scheme? (nannytax.co.uk)
Even if your employee does not wish to join/remain in the pension scheme, it remains a legal requirement to enrol them into one initially (if they qualify). (nannytax.co.uk)
That's where your pension scheme comes in. (aviva.co.uk)
Offering investment funds focusing on environmental, social and governance (ESG) issues through your pension scheme is a great way to get involved without too much upheaval. (aviva.co.uk)
So, why not take another look at your pension scheme and check whether it offers responsible investment funds. (aviva.co.uk)
A workplace pension is the only employee benefit in the UK which is mandatory, resulting in all employers needing to enrol their eligible employees into an auto-enrolment qualifying workplace pension scheme. (acevo.org.uk)
Following this, employees will then have the option to leave the scheme should they not wish to be in a workplace pension. (acevo.org.uk)
Through no fault of their own, many employers are breaking the law and are not meeting regulations with their current pension scheme after AE was introduced over 11 years ago due to pension laws and regulations being complex, and often changing. (acevo.org.uk)
There are certain regulatory communications that you need to send to your employees to make sure they know all about auto enrolment and any change to their pension scheme . (acevo.org.uk)
A pension audit helps employers identify and rectify any compliance issues, ensuring that their pension scheme is in line with the latest legal requirements. (acevo.org.uk)
It helps to ensure compliance with pension laws and aims to protect employee interests, enhance operational efficiency, foster employee engagement, future-proof the pension scheme and build a competitive advantage for the company. (acevo.org.uk)
If you compare the Local Government Pension Scheme (LGPS) and workplace DC schemes, both are funded UK occupational pension schemes with high numbers of active members but there is noticeable difference between their invested assets. (professionalpensions.com)
In contrast, a typical workplace DC scheme has a high proportion of passive equity and not much else. (professionalpensions.com)
To combat this, a government-backed pension scheme - the National Employment Savings Trust - was developed to provide pensions for this segment of the market. (professionalpensions.com)
There are a number of critical steps in selecting, implementing, communicating and monitoring a new pension scheme. (buck.com)
A workplace pension is a scheme set up by an employer to help employees save for their retirement. (wearelikeminds.com)
While it's mandatory for employers to offer a workplace pension scheme, disputes can, unfortunately, arise regarding the contributions made by the employer, the investment decisions made by the scheme provider, or the level of support provided to employees in managing their pension. (wearelikeminds.com)
First off, it's important to check your employment contract, pension scheme documents, and any correspondence related to your pension to ensure you fully understand your pension entitlements and the terms and conditions of the scheme. (wearelikeminds.com)
To avoid disputes, it can be beneficial to clarify your pension entitlements early on, and to seek additional advice if you are unsure about any aspect of your pension scheme. (wearelikeminds.com)
The responses received for the private sector indicate that a supplementary pension scheme is offered to 66% of women. (swisslife.com)
This means they can choose to delay working out who to put into a pensions scheme for up to three months. (sthelenschamber.com)
However, employers can use postponement for other reasons including to allow more time to set up a pension scheme or other business process. (sthelenschamber.com)
When you join the University you will be automatically entered into a pension scheme as per your contract of employment . (essex.ac.uk)
If going part-time means your salary drops to less than £10,000 a year, your employer doesn't have to automatically enrol you into a pension scheme. (standardlife.co.uk)
And, if you can't join a workplace pension scheme, be sure to set up your own pension plan. (standardlife.co.uk)
This has resulted in Smart Pension being appointed by Evri to provide a workplace pension scheme to 12,000 "self-employed plus" couriers, the biggest dedicated parcel delivery company in the UK. (smartpension.co.uk)
We know that to achieve good company pensions we need activists who understand how pensions work so that they can get pensions onto the bargaining agenda and encourage other members to take advantage of their employer's scheme. (usdaw.org.uk)
A personal pension may particularly important if you are self-employed and haven't joined the government's NEST pension scheme , or if you live off your partner's income but want to have your own pension arrangements. (unbiased.co.uk)
Broadly speaking, a personal pension is any pension scheme you can join yourself that is not a workplace pension (nor the state pension). (unbiased.co.uk)
A personal pension scheme will charge you an annual fee, usually a percentage of your pension pot (which is taken automatically). (unbiased.co.uk)
A defined-contribution (DC) or money-purchase pension scheme is one that invests the money you pay into it, together with any employer's contribution, and gives you an accumulated sum on retirement, with which you can secure a pension income, either by buying an annuity or using income drawdown. (svwm.co.uk)
As an alternative to a company pension scheme, some employers offer their workforce access to a Group Personal Pension (GPP) or stakeholder pension scheme. (svwm.co.uk)
Although your total pension pot usually increases each year you continue to pay into the scheme, there's no way of accurately predicting what the final total will be and how much pension income this will provide. (svwm.co.uk)
Unlike those who belong to a DB pension scheme, members of DC pension schemes have a degree of choice as to where their pension contributions are invested. (svwm.co.uk)
A defined benefit (DB) pension scheme is one that promises to pay out a certain sum each year once you reach retirement age. (svwm.co.uk)
In a 1/60th scheme, this means that if your salary was £30,000, and you worked at the firm for 30 years, your annual pension would be £15,000 (30 x 1/60th x £30,000 = £15,000). (svwm.co.uk)
Alexander Forbes Financial Services Ltd (AF) had advised Denning on the transfer of his benefits from a final salary scheme to a personal pension plan in August 2000 and then again in early 2007. (pinsentmasons.com)
As recommended by the Commission, the Labour Government legislated in 2008 to require employers to automatically enrol workers into a workplace pension saving scheme and, unless workers opt out, make minimum contributions to it (8% of qualifying earnings from October 2018 - 3% from the employer, 4% from the employee and 1% in tax relief). (parliament.uk)
Every employer in the UK that employs at least one person has a compulsory duty to automatically enrol eligible workers into a pension scheme. (edgehill.ac.uk)
I'm in the public sector and will be affected by the proposed changes to the Local Gov Pension Scheme. (libcom.org)
This includes ensuring the pension scheme is the best fit for the membership, and helping the employer communicate the benefits to employees so they understand and value them. (royallondon.com)
It may simply be that you already have the business owner as an individual client, and don't really want another adviser looking after the pension scheme, so you take the scheme on. (royallondon.com)
Part of your salary is automatically paid into the pension scheme every payday. (wikipedia.org)
The Pensions Act 2012, and amended in 2014, requires all employers to automatically enroll their workers into a Workplace Pension Scheme with the option to opt-out and re-enroll. (wikipedia.org)
But new research from B&CE, provider of workplace scheme The People's Pension, found that around 7.4 million pension savers make the minimum employee contribution required by law, and just 7 per cent understood that this would fund only a basic retirement. (bizgrows.com)

MySI is a web-based platform that summarises key metrics like total contributions, members' pension pot sizes and assets under management. (legalandgeneral.com)
If an employer does not pay pension contributions that are due or declare their compliance, they can be fined by The Pensions Regulator. (nannytax.co.uk)
Any contributions made to that date would not be refunded but would remain in their pension pot. (nannytax.co.uk)
All employers have a legal duty to automatically enrol eligible staff into a workplace pension and pay in the correct contributions for them. (sthelenschamber.com)
Once staff have been enrolled into a pension, employers have ongoing duties to ensure staff continue to receive the pensions contributions they are due. (sthelenschamber.com)
The amount of State Pension you get is based on the number of years of National Insurance (NI) contributions you've paid or been credited with, and when you start claiming it. (standardlife.co.uk)
You'll usually need at least 10 years of qualifying NI contributions to get any State Pension, but you'll need 35 years' worth to get the full new State Pension. (standardlife.co.uk)
As the increase in auto enrolment contributions to workplace pension schemes kicks in employers face a challenge in persuading employees to stay within the schemes. (growthbusiness.co.uk)
Behind the scenes, it is rumoured that Dave Prentis, Unison's general secretary, may be prepared to make a deal if local government workers are exempted from our proposed 50% increase in pension contributions. (libcom.org)
If the business owner's spouse is a director of the firm, as is often the case, there may be an opportunity to make contributions to the spouse's pension. (royallondon.com)
The contributions into private pension schemes are usually tax-deductible. (wikipedia.org)
B&CE says a worker born in 2000 on an average salary of £30,576 would retire at 68 with a pension paying £6,537 a year if they stuck to minimum contributions. (bizgrows.com)
Blacktower Financial Management reveals the best pension systems around the globe in 2021 using key metrics, such as public spending, average retirement ages, average pension contributions and the percentage of the population who have participated in pension schemes. (europeanfinancialreview.com)

Automatic Enrolment (AE) was introduced following the Pensions Act 2008. (acevo.org.uk)
A Department for Work and Pensions (DWP) spokesperson says: "Ensuring the private pensions sector is fit for purpose is a priority for the Government, especially in the run up to automatic enrolment. (moneysavingexpert.com)
Maggie Craig, director of life and savings at the Association of British Insurers, says: "Next year automatic enrolment will see millions more people starting to save into a pension. (moneysavingexpert.com)

If someone new has taken overlooking after your workplace pension schemes and made any change, this could mean you are no longer compliant. (acevo.org.uk)
With pension schemes having to also include administrative expenses in their headline costs, this led to very low investment management budgets of only around 10-15 basis points. (professionalpensions.com)
This cost constraint has raised concerns about whether DC pension schemes are sufficiently focused on creating long-term value. (professionalpensions.com)
The report aims to help pension schemes to make a shift from cost to value and emphasises the role different stakeholders need to play in that journey. (professionalpensions.com)
Those managing Own Trust DC arrangements with less than £100M will have to choose either to meet new minimum governance standards or consolidate into larger schemes, and the Department for Work and Pensions expects decisive action. (buck.com)
Further, in its recent call for evidence the Department for Work and Pensions put forward a case for greater consolidation looking at how DC schemes with assets of up to £5bn could be encouraged to consolidate, making it clear what the future regulatory intention will be. (buck.com)
Most pension schemes have a formal complaints procedure in place, which you should try to follow. (wearelikeminds.com)
Jon Greer, of the wealth manager Quilter, said that the data showed that DC schemes still fell well short of the quality of income provided by generous DB pensions. (telegraph.co.uk)
Some employers will also offer matching schemes where they'll pay more into your pension plan if you do, too. (standardlife.co.uk)
The one thing all of these pensions have in common is that they are defined contribution schemes, otherwise known as money purchase schemes. (unbiased.co.uk)
You may prefer this if you move jobs regularly and don't want to keep joining different pension schemes. (unbiased.co.uk)
Occupational pension schemes are increasingly a DC, rather than defined benefit (DB), where the pension you receive is linked to salary and the number of years worked. (svwm.co.uk)
Defined contribution pension schemes allow you to build up a personal fund, which is then used to provide a pension income during your retirement. (svwm.co.uk)
Defined benefit (DB) pension schemes are in decline in the private sector, with employers unwilling to bear the volatile costs involved. (parliament.uk)
Not far behind, in third place, is Sweden where a high percentage of the population actively participates in funded pension schemes. (europeanfinancialreview.com)

To find out more about the power of a pension audit, attend our upcoming webinar, delivered by employee benefits and financial wellbeing experts, Secondsight, taking place on Wednesday 29 November 2023 at 11am. (acevo.org.uk)

As part of the Pensions Act 2008, all UK employers must 'automatically enrol' their qualifying employees into a workplace pension as soon as they begin working for them. (nannytax.co.uk)
The implementation of the legislative requirement to automatically enrol eligible employees into a workplace pension began in October 2012. (acevo.org.uk)
This meant that every employer has to provide a pension, assess the eligibility of all employees and enrol employees into the pension in accordance with the rules. (essex.ac.uk)

The employer must submit a 'Declaration of Compliance' to The Pensions Regulator within 5 months of becoming an employer. (nannytax.co.uk)
In some cases, the Pensions Regulator can issue increasing penalty notices of up to £10,000 a day, leaving companies to face criminal prosecution and even imprisonment . (acevo.org.uk)
The Pensions Regulator is reminding employers that while the workplace has changed due to the pandemic, their workplace pensions duties have not. (sthelenschamber.com)
As the Pension Regulator revises its forecast for businesses who need to comply with auto-enrolment: here's how to make sure you're compliant if you're now in the cross-hairs of the regulators. (growthbusiness.co.uk)

Next, track down your private pensions. (telegraph.co.uk)
The reforms have focused attention on measures to improve the outcomes and value for money afforded by private pensions. (parliament.uk)
Often private pensions are also run by the employer and are called occupational pensions. (wikipedia.org)
The first evidence of pension payments comes from the Roman Empire in the 1st century BC, but beginnings of private pensions go back to the 19th century. (wikipedia.org)
The first private pension plan in the USA was created in 1875 by the American Express Co. But the growth of people coveraged by private pensions was relatively slow. (wikipedia.org)
The first pillar is related to state pensions, the second one to supplementary pensions, and the third one to voluntary individual (private) pensions. (wikipedia.org)
One of the most used private pensions is defined contribution plan. (wikipedia.org)
Both types of private pensions share similar features. (wikipedia.org)

But the report, which called for a major review of the British pension system, said that it was most concerned about workers in their 50s who had fallen through the gaps of the Government's pension reforms. (telegraph.co.uk)
In the Government's last major pension review in 2004, it predicted that pensioners could expect returns of 6pc from stocks and 2pc from bonds over the medium term. (telegraph.co.uk)
A lack of awareness and regard for the government's auto-enrolment legislation on pensions could stymie its introduction, new research shows. (growthbusiness.co.uk)
We are big supporters of the Government's decision to introduce pension auto-enrolment, and establish NEST to offer comprehensive low cost pensions. (thersa.org)

A stakeholder pension is similar in most respects to a standard personal pension. (unbiased.co.uk)
A stakeholder pension may have lower annual fees than a personal pension, as these are limited by law to 1.5 per cent of pot size for the first 10 years, and 1 per cent after that. (unbiased.co.uk)
A stakeholder pension may allow a lower minimum contribution than an ordinary personal pension. (unbiased.co.uk)
By law, the stakeholder pension minimum contribution is just £20 a month. (unbiased.co.uk)
There are two types of personal pensions - the stakeholder pension where is required to meet some government limits and self-invested personal pensions where participants make decisions themselves about investment in their pension fund. (wikipedia.org)

A bulk transfer of existing assets is also possible from an Own Trust DC arrangement to a Master Trust, without requiring the individual member consent which would be required for a Group Personal Pension Plan. (buck.com)
What is a personal pension? (unbiased.co.uk)
If you don't have a workplace pension , or want to build up additional pension savings, then you can set up a personal pension. (unbiased.co.uk)
A personal pension plan is a pension that you set up yourself with the pension provider (usually an insurance company). (unbiased.co.uk)
You can have a personal pension whether or not you work, and other people can contribute to it. (unbiased.co.uk)
For example, if your spouse is the sole earner in your household but you want to have your own pension, you can set up a personal pension for your spouse to pay into. (unbiased.co.uk)
If you are employed, you can request that your employer pays into your personal pension instead of your workplace pension. (unbiased.co.uk)
The money you contribute to a personal pension is invested in a wide range of assets and funds, just like a workplace pension. (unbiased.co.uk)
Personal pension fees may be higher. (unbiased.co.uk)
It's just like taking out a personal pension, although your employer may negotiate reduced management fees. (svwm.co.uk)
Denning instructed GFS for investment management advice in August 2008, after becoming dissatisfied with the performance of the personal pension set up by AF. (pinsentmasons.com)

To understand the reason for this divergence, let's take a closer look at how auto-enrolled pensions were developed. (professionalpensions.com)

A financial adviser can help you understand your pension options, the risks involved, and the potential returns you can expect. (wearelikeminds.com)
A professional negligence claim against a financial adviser that did not conduct a detailed review of pension transfer advice given to a client by an unrelated adviser some eight years earlier has been dismissed by the High Court. (pinsentmasons.com)

The pension indexation rate for federal public sector pensions will be 4.8 per cent in 2024, according to the National Association of Federal Retirees. (benefitscanada.com)
Lord McFall, who chaired the commission, says the spotlight for reform had rightly fallen on public sector pensions, but he adds there were "critical problems" in private firms as well. (moneysavingexpert.com)

Most workers today instead rely on defined contribution pensions - which invest their savings over the course of their career - thanks to Britain's "auto-enrolment" policy. (telegraph.co.uk)
Workers in defined contribution pensions were being left to carry all the risk of funding their retirement and were often "at the mercy" of stock markets, said the report. (moneysavingexpert.com)

With mandatory participation, enterprise annuity plans could become a "huge accumulator" of retirement assets, agreed Josef Pilger, Sydney-based partner and global pension and retirement leader with Ernst & Young . (pionline.com)
Own Trust DC arrangements with less than £100M of assets have seen increasing compliance burdens including increased reporting requirements via their 'Chair's statement' to show investment returns net of specified costs and additional value for money disclosures at the end of 2021, together with higher governance constraints with the introduction of The Pension Regulator's single code of practice as well as climate change disclosures. (buck.com)
He added that once a saver has a clear picture of how much they have in pension assets, they can begin to plan when they might be able to retire. (telegraph.co.uk)
Launched in 2015, Smart Pension exceeds £4bn in assets under management (AUM) and now serves over one million members and more than 70,000 employers. (smartpension.co.uk)

Public-sector employees coming into the workplace savings fold will bring "new dynamism" to China's second pillar, with the addition of 37 million government workers more than doubling the 23.5 million private-sector employees covered by enterprise annuity plans, according to a January report by Shanghai-based ZiAsset Consulting. (pionline.com)
However, the think tank said the gradual disappearance of gold-plated pensions, declining investment returns and falling homeownership means that the next cohort of workers are barrelling towards penury in retirement . (telegraph.co.uk)
More than three million workers are failing to save any money into a pension this year, it found. (telegraph.co.uk)
He said: "Workers in their 50s have a much shorter amount of time to build their pension wealth in this new system. (telegraph.co.uk)
A massive November walkout of up to 3 million public sector workers is now on the cards as the UK's largest unions announce their intention to ballot for strike action over pension reform. (libcom.org)
Unison, Unite and the GMB, the UK's largest biggest unions, have announced their intention to ballot for coordinated strike action against cuts to public sector workers pensions. (libcom.org)
The first increase in workers' pension contribution payments, where workers will see their pay cheques shrink, is due to come in in April 2012. (libcom.org)
The unions have a patchy record of defending public sector workers' pensions. (libcom.org)
The country's pensions system is in "urgent need" of improvement if millions of workers in private firms are to save enough for retirement, according to a new report released today. (moneysavingexpert.com)
A commission set up by the National Association of Pension Funds uncovered "widespread concern" about the charges, risks and complexity of the pensions of 23 million workers. (moneysavingexpert.com)
The Workplace Retirement Income Commission says workers must get a better deal from their pensions if they are to save enough for their retirement. (moneysavingexpert.com)
Around 14 million workers are not saving into a workplace pension, although 10 million are due to start being automatically enrolled into one from next year. (moneysavingexpert.com)
Millions of workers are mistakenly relying on auto-enrolment pensions to provide the retirement they want, industry research reveals. (bizgrows.com)
While half (51 per cent) of U.S. workers say improving employee well-being is a key action that employers can take to create a healthy workplace. (benefitscanada.com)

Zelda Bentham, Group Head of Sustainability looks at how helping people to invest sustainably through their pension can be a good move. (aviva.co.uk)
Employers who invest in a thorough pension audit demonstrate their commitment to the financial wellbeing of their workforce, creating a positive and sustainable work environment for all. (acevo.org.uk)
Whereas some in the market may acquire other master trusts, and run them separately without passing on the benefits of scale and lower cost structures to members and employers, Smart Pension uses technology to migrate any number of savers to our highly efficient platform, invest further in serving them, and still deliver radically greater value . (smartpension.co.uk)
This reduces the pension income you can secure by buying an annuity, but may be worthwhile if you need the money (to pay off outstanding debts, for example) or decide to invest it independently. (svwm.co.uk)

More than half (53 per cent) of the world's largest pension funds say the prospect of a global recession is their No. 1 short-term concern. (benefitscanada.com)
Our research reveals the world's best countries for pension systems, this research is something to seriously considered when deciding which country to go live and work overseas. (europeanfinancialreview.com)

However, growth in the number of employees covered by those firms' supplementary workplace retirement plans has stalled, rising a mere 1% over that period to roughly 23.5 million, or 6% of the workforce. (pionline.com)

Prior to the recent pandemic, employers were already seeking alternative options to deliver the same high quality pension options to their people in a more cost-effective way. (buck.com)

While Nest provides a valuable service - particularly to micro-employees - the Pension Commission failed to realise how attractive a business proposition mandated occupational pensions would become for insurance companies and master trusts. (professionalpensions.com)

By following the steps outlined above, you can ensure that your pension entitlements are protected, and that you receive the support you need to manage your pension in the best manner possible. (wearelikeminds.com)
Some of our colleagues have experienced difficulties because a rapid change in the exchange rate is both negatively affecting the purchasing power of their salaries and leading to a very drastic drop in their pension entitlements. (who.int)

If you're a member or employee looking for details of your pension plan, Manage Your Account is a simple way to keep track of your savings online. (legalandgeneral.com)
Auto-enrolment is where your employer automatically sets up a pension plan for you and pays into it on your behalf. (standardlife.co.uk)
To find out more about the benefits of a pension plan, read our pension basics guide . (standardlife.co.uk)
In particular, it believed the complexity of the state pension made it difficult for people to plan for retirement. (parliament.uk)
You can access our online service My Future Now to help you transfer your other pension pots into your Legal & General Workplace pension plan. (legalandgeneral.com)
A private pension is a plan into which individuals contribute from their earnings, which then will pay them a private pension after retirement. (wikipedia.org)
Withworkplace pensions, the plan of savings for retirement is arranged by an employer. (wikipedia.org)
The University Pension Plan is integrating diversity, equity and inclusion measures into its investment strategy. (benefitscanada.com)
The pension plan sponsor is also launching a dedicated member engagement program on responsible investment to further support its long-term investment strategy, said Bennett. (benefitscanada.com)
The Canada Pension Plan Investment Board is extending its investment in Northleaf Capital Partners through an additional $200 million commitment. (benefitscanada.com)

GPPs also offer investment choice, often between funds run by the pension provider. (svwm.co.uk)

Delivering good retirement outcomes for workplace defined contribution (DC) members might not necessarily correspond to the cheapest option. (professionalpensions.com)

When the Pension Commission built auto-enrolment policy, there was a concern smaller companies would struggle to find companies interested in providing workplace pensions as these organisations would struggle to make sufficient margin. (professionalpensions.com)

Learn more about workplace pensions below or find out about our nanny pension service subscription add-on . (nannytax.co.uk)
Structural changes that divide the workforce have led to fewer opportunities to find a strong sense of community in the workplace, to support the formation of union branches. (lu.se)

The tax treatment of pensions in general and tax implications of pension withdrawals will be based on individual circumstances, tax legislation and regulation, which are subject to change in the future. (acevo.org.uk)
NOW: Pensions discusses the implications of pension changes for businesses. (growthbusiness.co.uk)

The Ombudsman is an independent organisation that investigates complaints about workplace pensions, and can make a legally binding judgement. (wearelikeminds.com)
It's also a good idea to seek independent financial advice to help you make informed decisions about your pension. (wearelikeminds.com)
However, there are some things you can look out for to make sure you're getting the most out of your pension savings. (standardlife.co.uk)
Having just one pension can make it easier for you to see how much you'll have when you retire. (standardlifepensions.com)
We also heard form stewardship expert Jeannette Andrews who helped to explain how your pension can make a big difference when it comes to environment, social and governance issues. (legalandgeneral.com)
With high public expenditure on pensions, and a strong percentage of the population paying into a pension, Finnish nationals can really make the most of their retirement. (europeanfinancialreview.com)

Its analysis led to reforms to the state pension, increases in the state pension age and the introduction of auto-enrolment. (parliament.uk)

Only approved pension plans qualify for the beneficial tax treatment. (wikipedia.org)

In the UK, there are two main possibilities how to ensure additional money to the State Pension. (wikipedia.org)

We run a secure, efficient internal pension administration platform to ensure the safety and accuracy of your employees' data. (legalandgeneral.com)
Nannytax provides a fully managed workplace nanny pensions (Auto Enrolment) service for our clients who must provide a workplace pension for their employees if their employees qualify. (nannytax.co.uk)
By 2017, all new eligible employees of all employers were required to be automatically enrolled into a workplace pension . (acevo.org.uk)
A workplace pension audit is not a regulatory requirement but a strategic move that can benefit both employers and employees. (acevo.org.uk)
Employees will want a modern pension arrangement that provides good value for money and supports them in saving for their future. (buck.com)
In 1950, only 25 percent of employees in nonagricultural field were anticipated in some private pension system. (wikipedia.org)
Canadian employees who are experiencing conflict in the workplace lose an average of 55 workdays in productivity each year, according to Telus Health's latest mental-health. (benefitscanada.com)
It's ten years since the introduction of auto-enrolment rules that require both employees and employers to pay into a pension. (bizgrows.com)

We explore what you should consider when it comes to your pension savings if you are, or have ever been, working part-time. (standardlife.co.uk)
But when you're thinking about going part-time, it's important to think about more than just the impact on your salary - consider your pension savings, too. (standardlife.co.uk)
Smart Pension is powered by Keystone by Smart, the first global, cloud-native technology platform specifically designed for the workplace retirement savings industry - bringing ideas from global success to the UK. (smartpension.co.uk)
Before buying an annuity, you can currently on retirement take up to 25% of your pension savings as a tax-free lump sum. (svwm.co.uk)
Tell us who to pay your pension savings to in the event of your death. (legalandgeneral.com)
You can manage your pension savings online at Manage Your Account (MYA) . (legalandgeneral.com)
There's no point in bringing people into pensions that will erode their savings through high fees. (moneysavingexpert.com)

Aquiline Capital Partners, Barclays, Chrysalis Investments, DWS Group, Fidelity International Strategic Ventures, J.P. Morgan, Legal & General Investment Management, Link Group and Natixis Investment Managers are all investors in Smart Pension. (smartpension.co.uk)
Easily and securely check your pension value, investments and more on your mobile, tablet or PC. (standardlifepensions.com)
The amount of money the participants get in retirement depends on how much they have paid in, how long they have had the private pension, their health condition, and how well the pension fund's investments have done. (wikipedia.org)
Germany's pension plans are hybrid defined-benefit plans with a minimum guaranteed outcome and a market-based outcome that depends on the performance of the underlying investments. (wikipedia.org)

A pension is a long-term investment. (acevo.org.uk)
In the last three or four months, all provincial governments have started to hand out occupational annuity trustee mandates, as well as investment mandates through pension companies," said Thomas Cheong, Hong Kong-based president of North Asia for Principal Financial Group . (pionline.com)
They continue to depend on investment performance to maintain your pension pot. (svwm.co.uk)
Your pension is normally a long term investment and you usually can't withdraw money until the age of 55 (may be subject to change). (standardlifepensions.com)

This may be the first you heard about pensions and auto enrolment duties when employing a nanny. (nannytax.co.uk)
These are just a few of the reasons why employers could be falling short of meeting their required pension duties. (acevo.org.uk)
Employers: Your business might have changed, but your workplace pension duties haven't. (sthelenschamber.com)
Home » News Item » Employers: Your business might have changed, but your workplace pension duties haven't. (sthelenschamber.com)

We are consulting on simplifying the State Pension to provide a clear foundation for saving and people will start to be automatically enrolled into a workplace pension from October 2012, helping millions to save for the first time. (moneysavingexpert.com)

What if my employee doesn't qualify but still wants a pension? (nannytax.co.uk)

This means they must put eligible staff who opted out, back into a pension which gives them a fresh opportunity to save. (sthelenschamber.com)
While this probably isn't an issue for the majority of workplace pension members, for senior staff it may be, so perhaps relevant life policies, or excepted group life policies are required? (royallondon.com)
to establish appropriate mechanisms for ensuring the highest level of health and safety for all staff at all workplaces of the Organization. (who.int)

A new mandatory element in China's workplace defined contribution space this year could set the stage for the country's second pillar - enterprise annuities - to morph from an afterthought into a full-fledged leg of China's retirement stool. (pionline.com)
You are currently accessing Professional Pensions via your Enterprise account. (professionalpensions.com)

The aim is to help more people have another income, on top of the state pension, when they retire. (essex.ac.uk)
You can opt out if you want to, but if you stay in you'll have your own pension which you get when you retire. (essex.ac.uk)
Mr Greer warned that this would turn the pension plans of millions on their head, adding: "The industry's retirement living standards, which offer a guide on how much people should save in their pension, are all based on the assumption that you will own your home when you retire. (telegraph.co.uk)
You can semi-retire, so you are only working a few days a week but still supplementing your private pension income. (telegraph.co.uk)

You may not realise but changing your payroll provider can impact your workplace pension too. (acevo.org.uk)

However, retirees can now gain greater access to their pension pots since 27 March this year, as the first in a series of radical reforms announced in the Chancellor's 2014 Budget were introduced. (svwm.co.uk)
Retirees have put in decades of time and effort as part of their working life to prepare for retirement, counting on their pension to help maintain a comfortable future. (europeanfinancialreview.com)
As a G7 member, you would expect UK retirees to enjoy a bountiful pension. (europeanfinancialreview.com)

About 18 months ago I was trying to consolidate my pensions and at that point they completely obstructed it and I lost my nerve due to the big falls. (moneysavingexpert.com)
How can I consolidate all my pensions into one place? (legalandgeneral.com)

Hayley Goldstone , a pensions disputes expert at Pinsent Masons, the law firm behind Out-Law.com, said that the case showed the importance of a carefully drafted retainer letter. (pinsentmasons.com)

Diseases3

Analytical, Diagnostic and Therapeutic Techniques and Equipment3

Psychiatry and Psychology1

Anthropology, Education, Sociology and Social Phenomena4

Technology, Industry, Agriculture1

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20231

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