The government has kept the qualifying earnings band for auto-enrolment at £10,000, resisting calls to lower the trigger to get more people saving into a pension.
According to the Department for Work and Pensions (DWP), wage growth will bring an additional 130,000 people over the earnings threshold, increasing pension savings by £6m in 2016/17. Figures from the...
Coats' pension scheme members are not entitled to annual increases of 5%, the High Court has ruled in a rare instance of a court overturning a decision of The Pensions Ombudsman.
Trustees of the Airways Pension Scheme (APS) have been granted permission to use more than £1m of scheme assets to fund an appeal over discretionary increases.
Chancellor Philip Hammond is being pressed to tackle the impact of pensions allowances on the NHS' ability to recruit and retain staff.