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RPI inflation measure does not meet international standards but will stay as it is, National Statistician says

The Office for National Statistics was widely expected to announce changes to the way the retail prices index (RPI) measure of inflation is calculated this morning. But instead, the National Statistician, Jil Matheson, announced that the ONS would be leaving the way… continue

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Pensions auto-enrolment – the devil is in the detail

Organisations with staging dates during 2013 are well on the way to being ready for pensions auto-enrolment, a group of employers who met with XpertHR this week said. But it’s the technical details that are proving the hardest for them… continue

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Pensions auto-enrolment is here

It has been a long time in the pipeline, but the first stage of pensions auto-enrolment begins today.
The new duty to auto-enrol eligible jobholders not already participating in a workplace pension scheme into a qualifying scheme or the National… continue

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Webinar: Preparing for pensions auto-enrolment

Is your organisation fully aware of its pensions auto-enrolment obligations?
To try to ensure that the country’s workforce saves adequately for retirement, the Government has introduced pensions auto-enrolment. Whatever your company’s size and however good its current pension arrangements are,… continue

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Public service pension reforms “unlikely to save money”

The public service pension reforms currently being negotiated will make “little or no difference to the long-term costs”, according to analysis by researchers at the Institute for Fiscal Studies (IFS). Discussions over the reform of public service pensions have been… continue

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Occupational pension scheme membership continues to fall

The number of active members of occupational pension schemes fell to 8.3 million in 2010, the lowest level since the 1950s, according to the Occupational Pension Schemes Survey 2010 (external site) published by the Office for National Statistics (ONS) today.… continue

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Legal challenge to pensions uprating change

Today (25 October 2011) sees the start of legal challenges by unions and pensioners’ organisations to the Government’s decision to change the inflation measure for uprating public service pensions from the retail prices index (RPI) to the consumer prices index… continue

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Public sector pensions reform: scheme-level discussions to start

The Government and the TUC are to begin scheme-level talks on public sector pensions reform. These will run alongside the central talks on the recommendations made by the Independent Public Service Pensions Commission led by Lord Hutton. The scheme-level discussions… continue

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