Rachel Lacey

Workers who reduce pension payments could lose employer contributions

Members of workplace pension schemes could potentially miss out on employers’ contributions if they choose to not increase their own contributions following the latest auto-enrolment increase.

Under auto-enrolment rules, as of 6 April the amount of money employees will pay into their workplace pension will increase from 3% of their qualifying salary to 5%.

Women's state pension age increases set for judicial review

A high court judge has granted a judicial review to determine whether recent increases to women’s state pension age were lawful.

The case was brought by BackTo60, a campaign group representing women born in the 1950s who have borne the brunt of recent of increases to the state pension age. Until 2010, women received their state pension at age 60. However, this has gradually been increasing and currently state pension age is 65 for both men and women and will increase to 67 by 2028.