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  2. Pensions in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_the_United_Kingdom

    The Pensions Act 2008 is an Act of the Parliament of the United Kingdom. The principal change brought about by the Act is that all workers will have to opt out of an occupational pension plan of their employer, rather than opt in. This is referred to as automatic enrolment, and moves a significant amount of responsibility onto the employer to ...

  3. National Employment Savings Trust - Wikipedia

    en.wikipedia.org/wiki/National_Employment...

    The National Employment Savings Trust ( Nest) is a defined contribution workplace pension scheme in the United Kingdom. It was set up to facilitate automatic enrolment as part of the government's workplace pension reforms under the Pensions Act 2008. Due to its public service obligation, any UK employer can use Nest to meet its new workplace ...

  4. State Pension (United Kingdom) - Wikipedia

    en.wikipedia.org/wiki/State_Pension_(United_Kingdom)

    Basic State Pension. The basic State Pension (alongside the Graduated Retirement Benefit, the State Earnings-Related Pension Scheme, and the State Second Pension) is a benefit payable to men born before 6 April 1951, and to women born before 6 April 1953. The maximum amount payable is £169.50 a week (April 2024 - April 2025).

  5. Personal pension scheme - Wikipedia

    en.wikipedia.org/wiki/Personal_pension_scheme

    A personal pension scheme ( PPS ), sometimes called a personal pension plan ( PPP ), is a UK tax-privileged individual investment vehicle, with the primary purpose of building a capital sum to provide retirement benefits, although it will usually also provide death benefits. These plans first became available on 1 July 1988 and replaced ...

  6. Department for Work and Pensions - Wikipedia

    en.wikipedia.org/wiki/Department_for_Work_and...

    As the UK's biggest public service department it administers the State Pension and a range of working age, disability and ill health benefits to around 20 million claimants and customers. It is the second largest governmental department in terms of employees, [7] and the largest in terms of expenditure (£187bn).

  7. Pensions and Lifetime Savings Association - Wikipedia

    en.wikipedia.org/wiki/Pensions_and_Lifetime...

    The Pensions and Lifetime Savings Association represents 1,300 pension funds which together provide pensions for 22 million people and have more than £1000 billion of assets. [2] Members' pension schemes include defined benefit, defined contribution, group personal pensions and statutory schemes such as those in local government.

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  9. The Pensions Regulator - Wikipedia

    en.wikipedia.org/wiki/The_Pensions_Regulator

    The Pensions Regulator (TPR) is a non-departmental public body which regulates work-based pension schemes in the United Kingdom. Created under the Pensions Act 2004 , the regulator replaced the Occupational Pensions Regulatory Authority (OPRA) from 6 April 2005 [1] and has wider powers and a new proactive and risk-based approach to regulation.

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