News

The government is due to unveil its plans for the at-retirement guidance guarantee next week.

Total pension liabilities of FTSE100 companies have risen from £515bn to £557bn in the last 12 months - an increase of £42bn, according to data.

Third-party administrators (TPAs) will be regulated as data processors under new rules being drafted by the European Union - a move that is set to significantly increase the amount of ‘push back' onto trustees.

The government expects flexible working to become the norm within UK workplaces, rather than the exception.

The government's new older workers' champion has floated the idea that employees in their 50s should be able to take gap years and then return to the workforce.

Ros Altmann is pledging to engage employers as part of her role as older workers' champion, but warned that firms would lose out if they did not invest in older staff.

Almost 90% of employees are frequently submitting inaccurate mileage claims with many deliberately including personal mileage totals for their own gain.

The cut in pensions tax relief has reduced the proportion of FTSE250 executives who rely on defined contribution (DC) provision only, according to LCP.

The National Association of Pension Funds (NAPF) has rejected proposals for the compulsory passive investment of Local Government Pension Scheme (LGPS) funds.

Ros Altmann is taking on the government's new role as business champion for older workers.