The Ensign Retirement Plan, an industry-wide defined contribution (DC) scheme for the shipping sector, opens for business tomorrow.
The industry wants more information from The Pensions Regulator (TPR) on fines handed out for auto-enrolment non-compliance, according to research by Professional Pensions.
Top stories this week include the Pensions Ombudsman's dismissal of a GMP equalisation claim; the MIRA Retirement Benefits Scheme's £70m buyout; and Newham Council's proposal for an asset-backed contribution structure.
A further 75 employers have been named and shamed by the Department for Business, Innovation and Skills (BIS) for underpaying their workers more than £153,000.
Over a quarter (26%) of 56 to 65 year olds do not want any education on retirement issues.
Four in ten benefits professionals (43%) viewed their personal finances as a cause of stress or distraction in the workplace.
Reward Gateway has been sold by Inflexion Private Equity to US-based Great Hill Partners in a deal that values the business at £140m.
A former editor has set up a professional association for those involved in reward and employee benefits.
Reward Gateway staff are set to receive a windfall of up to one year's salary following the firm's sale to Great Hill Partners.
Most firms staging in the last three months have complied with auto-enrolment obligations, but there has been a steep rise in unpaid contribution notices issued by The Pensions Regulator (TPR), figures show.