Pensions

Pensions

An occupational pension scheme is a retirement savings plan provided by an employer for its employees. The most common plan is the group personal pension (GPP), while other ‘contract-based’ ‘defined contribution’ schemes are the stakeholder and group self invested personal pension (Sipp). Pensions run by a trustee board are the money purchase defined contribution scheme and the once-popular defined benefit plan (such as final salary).

Bolton-Clive-Aviva-2014

62% in favour of flexibility around pensions

Thu, 17 Apr 2014 | By Jennifer Paterson

Aviva research: 80% aware of the Budget’s pension changes.

UniversityOfEdinburgh-Thinkstock-2014

UK universities offered access to master trust arrangement

Wed, 16 Apr 2014 | By Robert Crawford

Mercer appointed as provider for 200 institutions.

Annuity

UK annuities market could drop by 75%

Mon, 14 Apr 2014 | By Jennifer Paterson

PWC research: 63% intend to ask for financial advice.

Steve Webb

Average auto-enrolment opt outs are 9% to 10%

Mon, 14 Apr 2014 | By Robert Crawford

DWP research: Scheme membership has risen to 35%

Soper-Stephen-TPR-2013

Trustees unaware of DB pension investment charges

Fri, 11 Apr 2014 | By Jennifer Paterson

TPR research: 23% could not identify investment charges.

HMTreasury-2013

Government extends pension decision period

Thu, 10 Apr 2014 | By Robert Crawford

Savers taking tax-free lump sum now have 18 months to decide how to use savings.

Burke-Jan-AonHewitt-2013

73% expect to change DC pension scheme investment

Thu, 10 Apr 2014 | By Jennifer Paterson

Aon Hewitt research: Impact of Budget on DC pension design.

More news

The future of default funds supplement January 2014

The future of default funds supplement 2014

Mon, 6 Jan 2014

Employee Benefits’ supplement, The future of default funds 2014, presents the latest default investment fund market debates.

group personal pensions

Buyer's guide to group personal pensions

Mon, 14 Oct 2013 | By Ceri Jones

GPPs are a popular choice among employers.

Tech

Buyer's guide to pension modelling tools

Tue, 28 May 2013 | By Peta Hodge

Online tools can help employees calculate whether their retirement income will meet their needs.

More Buyer's Guides

Retirement

At-retirement options glossary

Wed, 2 Apr 2014 | By Clare Bettelley

Annuities, open market options and drawdowns explained.

Stats showing the type of benefits offered to staff situated outside the UK

Benefits offered to staff based outside the UK

Tue, 1 Apr 2014 | By Tynan Barton

These include pensions and private medical insurance.

Multi-generational financial education program

How to create a multi-generational financial education programme

Mon, 17 Mar 2014 | By Clare Bettelley

Employers must not make age-based assumptions about employees’ needs.

How to educate staff about at-retirement choices

How to educate staff about at-retirement choices

Fri, 14 Mar 2014 | By Clare Bettelley

Employees need to understand the reality of retirement.

More analysis

Martindale Pharma

Martindale Pharma reinvests salary sacrifice savings in staff benefits

Mon, 7 Apr 2014

It used savings to fund auto-enrolment.

Wolseley UK benefits package

The benefits offered by Wolseley UK

Fri, 4 Apr 2014 | By Jennifer Paterson

It has focused on its pension and flex offerings.

More case studies

Bolton-Clive-Aviva-2014

62% in favour of flexibility around pensions

Thu, 17 Apr 2014 | By Jennifer Paterson

Aviva research: 80% aware of the Budget’s pension changes.

Annuity

UK annuities market could drop by 75%

Mon, 14 Apr 2014 | By Jennifer Paterson

PWC research: 63% intend to ask for financial advice.

More research

Counsell-Charles-TPR-2013

Charles Counsell: How will the auto-enrolment 'capacity crunch' affect medium to large employers?

Wed, 16 Apr 2014

Careful planning can help employers avoid getting stuck in an auto-enrolment traffic.

Debbie Lovewell, deputy editor, Employee Benefits

Debbie Lovewell-Tuck: Do suppliers provide value for money?

Fri, 28 Mar 2014 | By Debbie Lovewell-Tuck

In pensions, the answer is likely to be no.

More opinion

Channel sponsored by

Supplier Search

Palmer-Martin-FriendsLife-2014

Martin Palmer: What lies beneath auto-enrolment?

Wed, 2 Apr 2014

How can employers ensure their pension scheme stands out?

Jonathan Watts-Lay

Jonathan Watts-Lay: Staff need education on investment options

Wed, 5 Mar 2014

Employees need to understand savings alternatives.

Institute of Customer Service member logo

Johnson Fleming leads the market for customer service

Johnson Fleming Thu, 20 Feb 2014

Johnson Fleming has achieved a score of 89.6 in the UKCSI Business Benchmarking survey.

Johnson Fleming charity netball match

Johnson Fleming charity netball match raises money for Alzheimer’s Society

Johnson Fleming Wed, 22 Jan 2014

Johnson Fleming has raised £254 for the Alzheimer’s Society through a recent charity netball match that pitched male staff against female.

ICS member logo

Case study — the importance of ICS qualification for Johnson Fleming download

Johnson Fleming Thu, 12 Dec 2013

Johnson Fleming is the latest case study from the Institute of Customer Services.

Cramer-Lawrence-YHA-2013

VIDEO: Lawrence Cramer: How to manage auto-enrolment on a small budget

Fri, 4 Apr 2014 | By Jennifer Paterson

Communication and software among the challenges.

OBoyle-Kevin-BTGroup-2014

VIDEO: Kevin O'Boyle: BT targets benefits communication video

Mon, 31 Mar 2014 | By Jennifer Paterson

BT Group has high share plan and pensions take up.