News
WTW proposes replacement options for ‘broken’ DC pensions
The firm proposed four ways of replacing DC pensions with designs that could help employees achieve better outcomes.
News
News
Third of self-employed have less than £1,000 in savings, finds interactive investor
90% of self-employed workers aged 55 and over were off track for a moderately comfortable retirement.
News
Canada Life enhances parental and family friendly benefit policies
Canada Life also introduced additional support for colleagues who have recently experienced pregnancy loss.
News
Heathrow-based Cathay Pacific cabin crew receive 8% salary increase for 2025
The two-year pay deal will see crew receive an 8% increase in salary in 2025 and a further 3% in 2026.
News
Financial sector named highest paid for university graduates, research finds
Teachers To Your Home analysed July 2024 data from the ONS relating to average weekly earnings for various industries.
News
Royal Mail launches UK’s first collective defined contribution pension scheme
The scheme will offer more than 100,000 Royal Mail employees a cash lump sum and an income in retirement.
News
Police staff vote for pay increase by 4.75%
UNISON police staff members in England and Wales have voted to accept a 4.75% pay offer for 2024.
Pensions & Retirement
Government to fast-track plans to boost access to CDC pensions
CDC pension schemes, first introduced to the UK in 2022, enable savers to pool their money into a single fund to share investment risk and longevity risk.
News
Atom bank appoints Ayshea Robertson as chief people officer
Robertson joins from Zen Internet, the internet service provider, where she spent six years as CPO and board director.
News
Pre-Budget speculation “chips away at people’s confidence in pensions” – AJ Bell
Michael Summersgill urged the Chancellor to use her first Budget to commit to long-term stability in the pension tax system.
News
Scottish Widows launches Flexible Income Protection to bridge protection gap
42% of adults currently worry that their household would not cope if they were unable to work.
Lead Story
John Lewis axes CEO position, higher profit forecasts show “even keel” achieved
Nish Kankiwala took the role in 2022, as part of an emergency plan implemented by the business.