Daily News

Kentucky has released its anticipated plan on changes to the state’s pension systems, a plan that includes moving newly hired teachers to a DC-type savings scheme. “Gov. Matt Bevin, together with Senate President Robert Stivers and House Speaker Jeff Hoover, today unveiled “Keeping the Promise” — a comprehensive...

ARIA Pensions Blog, Email: sitemanager@ariapensions.ca, 12 Dunlop Street East, Barrie, Ontario, Canada, L4M 1A3

A recent survey highlights the “shameful difference” between retirement income for women and men, writes Hugh Nolan for Pension Experts. “I freely confess that I had not (realized) quite how big the gender gap remains in UK pensions until I researched the figures,” he writes, adding that the “continuing move to DC...

A new report on the changes being proposed for Kentucky’s state pension plans contends that implementing those changes will increase costs for taxpayers and public employees while reducing pension benefits, writes Joe Sonka for Insider Louisville. The report was commissioned by a coalition of labour groups...

A review of auto-enrol in the UK is being conducted by the Department for Work and Pensions, including a focus on workers with multiple jobs and the self-employed. “As questions remain over the adequacy of auto-enrolment contributions, a shift in the balance between employers and employees might provide the answer...

Workers unwilling to accept changes to their pension plan are taking their opposition to the picket line, staging a nine-day strike after talks broke down with their employer, Capita. Union members of Unite are readying to walk out from Oct. 28 to Nov. 5 to protest plans to close their defined benefit pension plan,...

Auto-enrol in the UK is a less onerous procedure than many owners of small businesses anticipated, writes Alex Warnakulasuriya for Pensions Expert. Data from the Department for Work and Pensions reveals that “small and micro employers are finding auto-enrolment less costly and time-consuming,” he writes, adding that...