Employers Pension

An employers’ pension can also be known as a company pension and is the pension scheme that is run by the company that you work for if they run one.

Many types of employer pension schemes are known as money purchase schemes whereby you and often your employer contribute a proportion of the amount of your salary to build up a pension pot that enables an individual to purchase an annuity when they are ready to retire.

With the introduction of NEST (National Employment Savings Trust) most employers will offer a company pension to employees’ requiring contributions from both employers and employees.

	New 2012 pension scheme shunned by employers Employers will not be downgrading existing pension schemes in favour of the new personal accounts system.
	Employers and employees 'failed' by tribunals Neither employers nor employees are served adequately by employment tribunals, according to the Confederation of British Industry.
	Employers unaware of 2012 pension changes Over half of businesses do not know about government plans to reform pensions, even though they will hit 966,000 firms in the UK.
	Government urges employers to give British youth a chance Works and Pensions secretary, Iain Duncan Smith has called on UK employers to give young Britons a chance by employing them to do work they are ready for.
	IDS criticised by employers and lawyers over immigrant workers speech Works and Pensions Minister, Iain Duncan Smith has been criticised by both employers and lawyers over a speech given in Spain calling for UK employers to back young Britons by employing them.