Posts Tagged ‘Workplace Pensions’

Company pensions to suffer as government launches NEST

Wednesday, September 1st, 2010

Company pensions to suffer as government launches NEST

Two-fifths of larger employers may review their company pension scheme and cut costs, in preparation for the launch of the National Employment Savings Trust in 2012.
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Personal pensions a priority as occupational pensions crisis continues

Friday, May 14th, 2010

Marks and Spencer and the Wedgwood Museum are the latest to report crippling debts from their occupational pensions schemes. Employees must increasingly consider private pension schemes, as final salary pension schemes continue to shut down.

Government to create new financial planning education body

Wednesday, December 16th, 2009

The government is to emphasise the need for financial education with the creation of a new body with a specific brief to educate consumers about financial planning.

The creation of the Consumer Financial Education Body (CFEB) was announced in the Financial Services Bill now before parliament and will be staffed by 160 staff drawn mainly from the Financial Capability Division of the Financial Services Authority (FSA).

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