Since its official launch in October 2012, more than 7.5 million people have been automatically enrolled into a workplace pension scheme. The government’s intention was to bring 10 million people in the UK into pension saving by 2018.   Employers will have to provide a workplace pension for eligible staff by 2018. This is called ‘automatic […]

BHS closure creates pension worries

Following the closure of the final BHS stores at the weekend and the publicity surrounding the huge pension deficit its former employees may face, we have received lots of calls and emails from people who are worried about their workplace pension. There are two types of workplace pension schemes, defined benefit and defined contribution. To […]