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Pensions, savings and investments

Businesses leaving employees in the dark about rewards and pay

17 May 12

Companies failing to communicate with employees about their remuneration package, including salaries and benefits, are 'wasting' their money and failing to reap the benefits, research carried out by the Chartered Institute of Personnel and Development (CIPD) has claimed.

Millions set to retire on less than the minimum wage

17 May 12

More than six million of the UKs over 50s will live on less than the minimum wage in retirement, a new survey has found.

Millions of taxpayers in line for early tax refund

14 May 12

HMRC has confirmed that more than three million tax refunds are to be sent out as of next week - two months earlier than previous years - due to an earlier review of the amount of tax paid for 2011/12 via the Pay As You Earn (PAYE) system.

Pension auto-enrolment eludes employees

10 May 12

More than two thirds of UK employees have little or no understanding of upcoming pension changes, despite auto-enrolment coming into force for many employees in October this year, a study by Aviva has found.

New defined benefit pension rules offer 'breathing space' for employers

30 Apr 12

The Pensions Regulator is to relax the rules regarding defined benefit pension schemes, after fears that businesses are putting themselves at risk struggling to maintain funding in the current economic climate.

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