News

Take-up of the government's new shared parental leave scheme is likely to be between just 1% and 4% it has estimated.

The Pensions Regulator is set to publish its first thematic review of record-keeping at the end of the month. In this article, PP looks at what the regulator thinks schemes are doing well and the areas it believes need improvement.

The state pension age should rise to 70 by 2040 - more than 20 years earlier than scheduled under government changes - the former chairman of the Financial Services Authority (FSA) Lord Adair Turner said last night.

Lloyds Banking Group (LBG) has confirmed it will scrap pensionable pay increases in its defined benefit (DB) schemes from April, netting a one-off saving of £1bn.

The Pensions Regulator (TPR) has launched case investigations into seven schemes following its first thematic review of record-keeping.

Steven Hull has been appointed partner within Eversheds' London office and joins from the law firm Ashurst where he was head of the pensions department.

Former Buck Consultants' senior corporate actuary Colin Richardson has joined PTL as a client director within its growing Leeds office.

The number of small employers that know their auto-enrolment (AE) staging date is "largely unchanged" since last spring, research from The Pensions Regulator (TPR) reveals.

In a trial of Western Union's Global Existence Transaction service, the London Pension Fund Authority (LPFA) has saved the equivalent of 5% of the fund's used in the pilot.

The number of employees on zero-hours contracts has increased from 183,000 in 2010 to 583,000, newly revised figures from the Office of National Statistics (ONS) reveal.