June 2011 Archive

Simpler pension scheme 'would encourage greater levels of saving'

More young people would save for their future if the state pension scheme was simpler, new analysis has revealed.

A simpler state pension system could encourage more young people to save for the future, a study has revealed.

Hutton calls for full and frank discussion on pensions

Hutton calls for collaboration on pensions

Discussion between the government and trade union leaders could avoid confrontation in public service pension reforms, suggests Lord Hutton.

Pension reform bill to get second reading

The pension reforms bill was passed in a commons vote and will receive a second reading

The coalition governments pension reform bill survived a parliamentary vote and will receive a second reading after the government won the vote by 302 votes to 232.

State pension reforms criticised as unfair to women

Government ministers have been criticised over the speed of pension reforms

Backbench MPs are urging the government to review the Pensions Bill over criticism that just a small minority of women will have to bear the brunt of the costs.

Incorrect benefit claimants face 'instant fines'

Benefit claimants must notify DWP of changing circumstances

Instant fines will be charged against people who fail to notify the Department for Work and Pensions of changes in their benefit circumstances.

Danny Alexander speech on public sector pension reforms

Treasury Minister Danny Alexander has angered unions

The Treasury Minister, Danny Alexander has angered trade unions by making a speech on public sector pension reforms whilst negotiations with the unions are still continuing.

Live Webcast: How to prepare for retirement

Join Ian Naismith from 1pm on Thursday June 16th as he deciphers the latest Scottish Widows Pensions report. Put your questions on preparing for retirement to him in advance using the form below.

1 in 5 save nothing for retirement as UK gripped by 'ingrained inertia'

Many people in the UK have inadequate provision for their retirement

A new report by Scottish Widows shows that although slightly more of us are saving for a pension the UK's expectations of their pension income and when they want to retire is unrealistic.