All payroll articles
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NewsNHS pension payments delayed as retirements surge 50%
More than a thousand NHS pensioners have seen their pension payments delayed as the NHS Business Services Authority, which administers NHS pensions, struggles to cope with a spike in retirements and resignations.
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NewsNest vows to improve gender and ethnicity pay gaps
On the go: Nest has outlined a path to closing the gender and ethnicity pay gaps following the release of two years’ worth of equality and inclusion data.
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News‘Quirk’ sees public sector pay freeze hit teachers’ pensions annual hikes
A ‘quirk’ in the way teachers’ pensions are calculated could mean some teachers stand to suffer an extra loss as a result of the public sector pay freeze, as pension calculations normally triggered by a change in earnings have not occurred.
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NewsLecturers strike again over USS benefit cuts
On the go: Staff at 44 institutions are to walk out once again over planned benefit cuts to the Universities Superannuation Scheme.
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NewsMembers on lower incomes to pay more in NHS pensions overhaul
The government has announced its intent to overhaul the way in which NHS Pension Scheme members pay contributions from April next year, following the implementation of the McCloud remedy.
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NewsWarwickshire County Council hires pensions admin
On the go: Warwickshire County Council has hired the West Yorkshire Pension Fund as pensions administration provider for the Warwickshire Firefighters’ Pension Scheme.
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NewsNest to trial ‘opt-out’ payroll savings approach
On the go: The research arm of the government-backed master trust Nest will be trialling an ‘opt-out’ payroll savings approach that aims to help employees build up an emergency fund.
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NewsYounger workers risk losing track of pension pots
On the go: Younger workers unaware of their pension arrangements face losing track of their pension pots as the economy recovers from Covid-19.
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NewsEmployer data struggles hamper McCloud administration
On the go: Gaps in employer records are far and away the biggest data challenge for administrators looking to tackle problems like McCloud, according to a Pensions and Lifetime Savings Association poll.
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NewsNest recommits to closing ethnicity and gender pay gaps
On the go: Nest has recommitted itself to closing its ethnicity and gender pay gaps, following the publication of data showing more work is needed to achieve parity.
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NewsCalls for govt to introduce sidecar savings into auto-enrolment
On the go: A group of Conservative party members have called on the government to introduce a sidecar savings mechanism into the existing auto-enrolment policy.
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NewsCloud-based data recovery service wins industry praise
A new cloud-based service promising independent data backup facilities for pension schemes has won praise from industry experts, who hailed it as an “innovative solution” to the rare but worrisome prospect of administrator failure.
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PPF reveals 23% ethnicity pay gap
On the go: The Pension Protection Fund has published its latest ‘Diversity pay gap report’, which reveals it has an ethnicity pay gap of 23 per cent.
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University employers urge USS to reconsider its valuation outcomes
On the go: Universities UK, which represents 340 Universities Superannuation Scheme employers, has written to the trustees of the scheme urging a rethink of its valuation outcomes.
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NewsUSS deficit increase requires ‘unaffordable’ contribution hikes
The Universities Superannuation Scheme’s deficit has quadrupled to more than £14bn, requiring contribution rate hikes from employers amounting to an “unaffordable” 56.2 per cent of payroll, according to figures announced on Wednesday.
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Doctors’ admin saga rumbles on as compensation issued
Doctors are up in arms over a long history of serious pensions administration shortcomings in the lumbering NHS Pension Scheme, some of which are still surfacing.
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FeaturesDoctors express anger at NHS scheme failings
The leviathan NHS Pension Scheme is under fire again, with a Byzantine labyrinth of responsibilities, administration failings, and frustrations at government pensions policy infuriating medical staff.
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NewsNHS pensions delayed after in-house admin transition
NHS workers are experiencing delays when claiming their pensions, owing to glitches after payroll administration was moved in-house from third-party administrator Equiniti.
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Berkshire saves 600 hours with automated data exchange
The Royal County of Berkshire Pension Fund saved an estimated 604.1 hours of administrative work over six months, and ended its struggles with updating member data by introducing an automated data exchange.
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HMRC system changes ‘not catching anyone unawares’
HMRC is making software changes as part of ongoing plans to ensure its systems are up to date, but as long as pension administrators making pay-as-you-earn or pension scheme returns are prepared, they should not be too concerned, experts have said.