All Pensions articles
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Article35% of employers will review proposed salary sacrifice changes nearer to 2029
More than a third (35%) of employers will review the impact of the proposed salary sacrifice changes nearer to when they take effect, according to research by Everywhen.
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Article59% of SMEs worry employees do not fully understand the value of their pension
Nearly six in 10 (59%) small to medium sized enterprises (SMEs) admitted they worry their employees do not fully understand the value of their pension as part of their overall reward package, according to new research by People’s Pension.
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AnalysisHow employers can help staff secure the best income in retirement
Employers must play a more active role in helping employees navigate retirement decisions, as the complexity of pension choices and lack of financial advice leaves many workers at risk of making costly mistakes that could waste years of contributions.
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Case StudiesFirst Bus prioritises personal touch in retirement communications strategy
The First Bus pension scheme combines nationwide depot tours with responsive digital communications to help its 18,000 employees make informed retirement decisions.
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ArticleWomen have nearly 55% less pension savings than men at retirement
Women have total pension savings worth nearly 55% less than men when they reach retirement, according to research by Mercer, Now:Pensions and the Pensions Policy Institute.
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ArticlePanasonic UK completes £140 million bulk purchase annuity transaction
Panasonic UK has completed a £140 million bulk purchase annuity (BPA) transaction for members of its defined benefit (DB) pension plan.
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ArticlePhoenix Medical Supplies completes £30 million full-scheme buy-in transaction
Phoenix Medical Supplies has completed a £30 million full-scheme buy-in transaction for its pension scheme.
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Article38% of SMEs open to switching pension provider within next three years
Nearly two-fifths (38%) of small to medium-sized enterprises (SMEs) are likely to consider switching pension provider within the next three years, according to research by People’s Pension.
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Article32% of UK staff do not feel confident they will retire with a comfortable income
A third (32%) of UK staff do not feel confident that they will retire with a comfortable income, rising to 48% of workers aged 45-54, according to research by Barnett Waddingham, part of Howden.
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AnalysisHow can employers incorporate rising costs relating to pay and benefits into budgets?
Increases in employer national insurance contributions and the national living wage, along with rising healthcare costs, mean employers have less to spend.
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ArticleSafeway Stores completes £80 million buy-in for pension scheme
Safeway Stores, part of Morrison Supermarkets Group, has completed an £80 million buy-in for its Safeway pension scheme.
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ArticleMouchel Business Services completes £9.5 million transaction to secure members’ pension benefits
Mouchel Business Services has completed a £9.5 million transaction for the money purchase section of its pension scheme.
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ArticleBilfinger UK staff accept improved pension deal
More than 400 offshore employees employed by Bilfinger UK have backed an improved pension offer.
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ArticleNatwest Group receives living pension employer accreditation
Natwest Group has received living pension employer accreditation from the Living Wage Foundation.
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OpinionAdam Gibbs: Why now is the time to act on salary sacrifice pensions
Employers have a defined window to maximise savings through salary sacrifice pensions before national insurance relief changes come into effect in 2029.
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ArticleMarsden Building Society becomes living pension employer
Marsden Building Society has received living pension employer accreditation from the Living Wage Foundation.
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OpinionMichael Aherne and Himani Patel: FCA on right track with revised value proposals for workplace pension schemes
The revised approach feels more measured and more likely to improve outcomes for defined contribution (DC) pension savers.
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ArticleSenior completes £180 million bulk purchase annuity buy-in for pension plan
Senior has completed an £180 million bulk purchase annuity transaction for its pension plan.
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ArticleAvon Cosmetics completes £235 million bulk purchase annuity transaction
Avon Cosmetics has completed a £235 million bulk purchase annuity transaction for its pension plan.
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Case StudiesDeloitte highlights pension contribution structure as a key retention tool
Deloitte has assessed its pension scheme to determine the best contribution levels that allow employees to achieve a comfortable retirement.