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Latest Pensions & Benefits Features

New pension link to CPI criticised

The government’s decision to link pensions to the Consumer Price Index has been attacked by industry experts

The UK's retirment age of 65 may be scrapped by the new government

The collective deficit of the UK's private sector final-salary pension schemes rises to £42bn

Work and Pensions Secretary Iain Duncan Smith has indicated the government will raise the cliaming age for the state pension

The Financial Services Authority issue a warning to pension holders

67% of small firm owners use their accountants for pension advice

Women who retire this year will receive an average pension of two-thirds less than their male colleagues

30% of companies think that salary pension deficits have significantly obstructed mergers, acquisitions and internal restructuring

Recession leads to staff postponing retirement plans

Businesses must be able to show that they have considered alternatives before they shut their final salary pension scheme

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