From the TUC

Tim Sharp's Articles

Keeping workplace pensions working: responding to the government consultation on defined benefit pensions

23 May 2017, by in Pensions & Investment

While the General Election takes centre stage, within Whitehall, a process is quietly going on that could affect the living standards of upwards of 11 million people. Last week, a government consultation on the future of defined benefit (DB) pensions – the type that pay an income based on our salary and length of service – closed to submissions.…

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Government inertia could put pensions auto-enrolment at risk

03 Apr 2017, by in Pensions & Investment

Cleverly harnessing individual inertia to help workers get a workplace pension has been behind the success of automatic enrolment. But government inertia could put its early success at risk. Under automatic enrolment, workers have to actively opt out of membership (soft compulsion) while employers have to make contributions into their pension pots (hard compulsion). The…

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#Budget2017: Pensions freedom liberates cash straight into the Treasury

08 Mar 2017, by in Pensions & Investment

Paperwork released with the Budget has revealed what an astonishing short-term money spinner so-called “pensions freedom” has been for the Treasury – and hinted at what a disaster it might prove for our ability to provide for old age. Originally announced in Budget 2014, pensions freedom allows those savers with defined contribution pensions to withdraw…

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