As individuals work hard throughout their lives, ensuring they receive the maximum benefits during retirement is paramount. The UK pension system is designed to provide financial security during retirement. However, it can be challenging to understand its intricacies and make the most of it.
Welcome to our guide on securing " Pension Justice " and discovering the top tips for...
Pensioners and their loved ones in the South West are being urged to take-up Pension Credit, as the Government launches a new campaign today that will help those of pension age with the cost of living.
New figures show around 117,800 pensioners in the South West currently receive Pension Credit. However, many are still not claiming this extra financial help, which can offer a vital...
New research from the UK’s largest mutual pension and investment company, Royal London, reveals that seven in ten (69%) pension holders in Plymouth are unaware that their pension could be invested in ways to help fight climate change. Only one in ten (10%) pension holders from the city currently invest their pension responsibly, but 34% say they would like their pension to be invested more...
More than three-quarters of employees across the UK were members of a workplace pension scheme last year – a new record high, official figures reveal.
According to the Office for National Statistics (ONS), 77% of employees were in a workplace pension scheme in 2019, marking the highest membership rate since comparable records started in 1997.
Chase de Vere, the independent and corporate financial advisers, says that employers aren’t doing enough to ensure their employees are fully engaged with their workplace pensions.
More than 10 million people are saving into a workplace pension through auto enrolment. This is fantastic news as pension schemes are generally the best choice for people to save for retirement and this...
Over 174,675 businesses based in the South West1 must automatically enrol2 eligible employees3 into a workplace pension scheme before 1 April 2017, including businesses employing only one or two people.
Automatic enrolment can be complex and small businesses can be stretched - often with little experience of running a pension scheme, so the Pensions and Lifetime Savings Association (...
The automatic enrolment countdown for thousands of small and micro businesses across the South West has begun and The Pensions Regulator is calling on employers to act now.
The law has changed so that around 115,000 employers across the South West will have to meet their new pensions duties.
Across the UK, up to 1.8 million employers will have automatic enrolment duties over...
Businesses in Devon face severe financial penalties if they fail to take action in preparation for the introduction of the Government's compulsory workplace pension scheme, called auto-enrolment.
Under Auto-Enrolment every employer with at least one eligible member of staff must enrol them into a workplace pension scheme and contribute towards it.
Many of the country’s 1.8 million small employers approaching their pensions auto-enrolment staging dates are in danger of missing deadlines by underestimating the amount of data needed to complete the process, warns Lighthouse Group, one of the UK’s leading financial advisers.
Tens of thousands of SMEs and micro employers are now starting to grapple with the complexities of employer...
