Auto-enrolment
More thought needed on mid-life MOTs, says House of Lords committee
Mid-life MOTs are in danger of "missing those most in need of support", the government has been warned following a review of intergenerational fairness.
Smart Pension and Moore Stephens fined for non-compliant chair's statements
The trustees of the Autoenrolment.co.uk and Moore Stephens master trusts have been fined for "deficient" chair's statements after failed court action against The Pensions Regulator (TPR).
Occupational scheme membership rises three points over 2018, finds ONS
Nearly four in five UK employees are now members of an occupational pension scheme, Office for National Statistics (ONS) data reveals.
PLSA policy board sets inaugural priorities; addresses consolidation challenges
The Pensions and Lifetime Savings Association's (PLSA) policy board has agreed a four-year plan focusing on consolidation, adequate contributions, effective management and well-run schemes.
Exclusive: Half of employers unaware of DC services they offer to members
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Inflation edges up to 1.9% on higher food prices
Inflation in the UK rose slightly in February to 1.9% on the back of higher food prices, according to the Office for National Statistics (ONS).
AE, net pay and the pensions dashboard - a Spring Statement wishlist
The Spring Statement is likely to be overshadowed by Brexit but there is still much to do in pensions. Kim Kaveh and Holly Roach take a look at the industry's wishlist.
'Money and Pensions Service' backed by industry as new name for SFGB
The 'Money and Pensions Service' is an appropriate new name for the Single Financial Guidance Body, this week's Pensions Buzz respondents say.
Why calls for charge cap cuts must be resisted
Jonathan Stapleton asks if we need a more fundamental rethink on the issue of DC investment charges.
Five stories you may have missed this week
This week's top stories included an accountant admitting fraud and making employer-related investments in the latest criminal prosecution pursued by The Pensions Regulator.
Workers to take home more pay this year despite contribution rate hike
Workers will still get an increase in take-home pay this April despite the rise in auto-enrolment (AE) contributions, according to Royal London analysis.
Phase in dashboard compulsion gradually, says industry
Smaller schemes should be given more time to prepare data for the pensions dashboard while larger counterparts should be brought on earlier, this week's Pensions Buzz respondents say.
Lloyds secures 630,000 pension customers with 'strong progress' towards one million by 2020
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Government will not 'force pace of change' in AE
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
TPR cracks down on 'dishonest employers' to protect savings
The Pensions Regulator (TPR) used its enforcement powers more than 22,000 times in the final quarter of 2018, it has revealed.
10,003,000 reasons why AE has been a success
Latest figures from the Department for Work and Pensions - published today - shows the number of people saving into an occupational pension scheme since auto-enrolment (AE) began in 2012 has increased by 10,003,000.
'Truly transformative' AE policy brings 10 million into pensions
Auto-enrolment (AE) has now brought 10 million workers into occupational pensions since its introduction in 2012, latest government figures reveal.
GMP calculations will never be understood by members or trustees, says industry
Members and trustees will never understand GMP calculations, and the regulator should not be allowed to create its own rules, according to this week's Pensions Buzz respondents.
Uber loses third battle over drivers' pension rights
Uber drivers have had their pension rights confirmed once more after the Court of Appeal ruled they should be classed as workers and entitled to associated rights.
DWP reveals opt-out rates 'remained consistent' with pre-contribution hike levels
Opt-out rates at the end of June 2018 "remained consistent" with levels before the April contribution rate increase, according the Department for Work and Pensions (DWP).
Deliveroo 'riders' denied pension rights
Deliveroo riders have been denied pension rights in a gig economy case which has swung against the outcomes of a series of similar court battles.
Net pay issue to widen as AE lower earnings limit rise confirmed
Low earners in net-pay schemes will lose out on more pensions tax relief as the gap between auto-enrolment (AE) qualifying earnings and the personal tax allowance widens.
Four fifths of LISA users also save into workplace pensions
The Lifetime ISA (LISA) has not caused an exodus from workplace pensions as feared, research by AJ Bell finds.
Pensions minister: AE is working, people are saving long term
Guy Opperman says as contribution rates increase, millions more people will be able to look ahead to retirement with confidence
