The current system is far too 'complex', Sarah Smart, chair of The Pensions Regulator, says, but the introduction of the ...

Central govt employees with over 25 years' service can opt for a guaranteed fixed pension under UPS. Ensures financial ...

This report evaluates the design of the pension system in Sweden. The primary objective of a pension system is to provide income security in old age. That objective has at least four elements: ...

Employees currently contribute 3pc of their salary and receive 1.5pc of the national average wage as a top-up from the state. Auto-enrolment occurs every three years and if they do join, there is no ...

A key area that has been subject to much change is the country’s pension industry. The introduction of a three-tier pension system in 2008 replaced the quasi-state-owned pensions provider. Another key ...

Structural reform aims to change the entire framework of pension systems, including not only the National Pension but also basic pensions and retirement pensions. In particular, the introduction of ...