XpertHR research provides data on UK employers' pensions offerings, including: the types of pension scheme offered to employees; contribution rates and membership; pensions auto-enrolment arrangements; and systems of matched pension contributions.
Changing the defined contribution (DC) pension scheme might be something organisations are considering in the context of furlough or simply in the course of your ordinary business. Done well, change exercises can be a great opportunity to educate and engage employees about pension benefits. Helen Rowan identifies eight practical steps that HR teams should consider to make the pension change a success.
The law on informing and consulting on pension scheme changes, including the application of the Occupational and Personal Pension Schemes (Consultation by Employers and Miscellaneous Amendment) Regulations 2006, and arranging the election of employee representatives.
A pension is a key part of the employee benefits offering. Here, we look at the types of schemes that employers offer, and the level of contribution they make to them.
In Lord Chancellor and another v McCloud and others; Ministry of Justice v Mostyn and others; Secretary of State for the Home Department and others v Sargeant and others, the Court of Appeal held that the Government's view that "it felt right" to protect older workers with transitional provisions when making changes to pensions for judges and firefighters was insufficient to defend direct age discrimination claims.
The Supreme Court has overturned the Court of Appeal's decision and held that civil partners and same-sex spouses are entitled to pension benefits accrued before the introduction of civil partnerships on 5 December 2005.