Almost 7 out of 10 private sector workers know little or nothing about Government plans to place people into pension schemes automatically, just months ahead of its launch, leaving employers facing a “significant challenge”, a report suggests.
Posts Tagged ‘Automatic enrolement’
Confidence in pensions slides
Wednesday, March 7th, 2012Workers’ confidence in pensions has hit a new low just months before they are automatically placed into schemes, a study found today.
Ministers told to stick to timetable for automatic pensions enrolement
Friday, January 27th, 2012The Government has been urged not to make further delays to its scheme to help tackle the “pensions savings crisis” by automatically enrolling workers into workplace pensions, as it set out its revised timetable for the initiative.
Pensions jargon may stop people saving for retirement
Wednesday, January 11th, 2012A new jargon phrasebook has been unveiled for consumers and businesses, as a new poll reveals that over half the adult population are confused by industry terms and one in three are so put-off by the jargon they are not saving for their retirement at all.
Pensions delay for small businesses
Tuesday, November 29th, 2011Automatic pensions enrolment for small businesses is to be delayed until the start of the next Parliament, Pensions Minister Steve Webb said yesterday.
Confidence in pensions hits new low
Tuesday, September 20th, 2011Public confidence in pensions has hit a record low in the wake of the financial crisis, according to a new report today.
Employment law: New mandatory pensions scheme for staff
Friday, June 3rd, 2011Employment lawyer Peta Fleundy gives a practical guide for SME’s about the government’s National Employment Savings Trust – a new scheme that introduces a mandatory pension scheme for employees.
EU ruling will push more middle-class UK pensioners into poverty
Tuesday, March 1st, 2011Will lots of men now rush to buy annuities before 2012? Annuity rates will worsen for all, just as automatic enrolment starts, writes Ros Altmann, director of Saga.
