UK Government introduces new online service for National Insurance payments
Government launches an online NI payment service to simplify securing full State Pension entitlements.
Cost drives UK business decisions on employee benefits despite ongoing commitment
New REBA and Howden research shows UK businesses prioritize cost-effective employee benefits, with plans to enhance pensions and financial wellbeing despite economic pressures.
Majority of over 55s retire before reaching State Pension Age, survey finds
A significant number of individuals over 55 are retiring before the State Pension Age, potentially stressing their financial plans due to early pension withdrawals.
Nearly half of UK workers unaware of pension investments, finds new study
New research from WEALTH at work reveals a significant gap in pension awareness among UK workers, with 49% unclear about their pension investments and many not knowing their pensions are invested at all.
Report suggests raising auto-enrolment pension contributions to 12%
A new report by Phoenix Group and WPI Economics suggests that raising the minimum auto-enrolment pension contribution from 8% to 12% could boost annual UK pension contributions by £10 billion.
Automatic enrolment success risks people “sleepwalking into retirement” – Hargreaves Lansdown
More people are saving into pensions as a result of the scheme, but only 39% of people were found to be on track for a moderately comfortable retirement, according to Hargreaves Lansdown’s research.
Morrisons workers consider strike over pension changes
Morrisons employees may strike in response to pension changes that could leave them £500 worse off annually, amidst broader disputes over working conditions.
UK workers seek more employer support in pension planning
My Pension Expert's survey reveals that less than half of UK workers believe their financial wellbeing is a priority for their employers, spotlighting a call for enhanced support in pension planning and contributions.
Research highlights gender pension gap, with single parents earning least
A new report from Now: Pensions and the Pensions Policy Institute (PPI) reveals significant disparities in pension savings, particularly affecting single parents.
