employer contributions
Furlough scheme hits pension contributions by 25%
The government’s furlough scheme has hit pension contributions by 25%, higher than the 20% wage cut the scheme offers, according to research by Now Pensions.
Pension Awareness Day: Industry's top tips for boosting engagement
Experts have called on the industry to personalise pension communications and expand auto-enrolment (AE) to all workers ahead of the fifth Pension Awareness Day on Sunday.
Exclusive: Finance professionals receive highest employer contributions in UK workforce
Finance and insurance professional's employer pension contributions average 9.5% - the highest among 17 industries offering defined contribution (DC), according to Profile Pensions.
Businesses support expansion of AE to low earners
The extension of auto-enrolment (AE) to more workers is supported by around three-quarters of businesses, according to research by Scottish Widows and the Confederation of Business Industry (CBI).
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.
Hargreaves Lansdown: 80% of employers think AE contributions should rise
Hargreaves Lansdown research has found that employers support the expansion of auto-enrolment (AE) and higher minimum contributions.
Savers must weigh up pros and cons of pensions versus LISA
Mel Duffield says savers should think carefully before deciding to choose a LISA over a pension.
DB contribution levels expected to meet investment shortfall
Companies could increase their defined benefit (DB) contributions rates to meet a £770bn funding gap over the next 60 years.
Employers and workers should agree on triggers for auto-escalation
Aegon has called for the introduction of triggers for automatically increasing pension savings to tackle the issue of people not contributing enough.
BBC launches audit into scheme contribution guidance
The BBC has launched an audit of its pension scheme after complaints about confusing guidance on its website.
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