An Act to make provision relating to pensions; and for connected purposes.
Citation
2008 c 30
Introduced by
Peter Hain
Territorial extent
United Kingdom
Dates
Royal assent
26 November 2008
Status: Amended
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended
The Pensions Act 2008 (c 30) 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. A second change is the creation of a National Employment Savings Trust, a public pension provider for those who do not have an occupational pensions, which will function as a low-fee pension scheme in competition with existing funds.
^The citation of this Act by this short title is authorised by section 151 of this Act.
raised retirement ages. Since then, the PensionsAct2008 has set up automatic enrolment for occupational pensions, and a public competitor designed to be...
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Smart Pension is a pensions and retirement technology business, delivering pensions technology platforms in partnership with other financial institutions...
2014. PensionsAct2008, UK law concerning automatic enrolment Pensions in the United States Bradford, Hazel (28 January 2014). "Senate passes pension relief...
occupational pensions were covered by comprehensive statutes in the Pension Schemes Act 1993 and the PensionsAct 1995. In 2002, the Pensions Commission...
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contribution is a mandatory pension contribution in the United Kingdom, which was made compulsory by the PensionsAct2008, however it did not come into...
than existing personal pensions and to provide a more transparent and attractive saving vehicle. Although many stakeholder pensions have been taken out,...
for Work and Pensions (DWP) is a ministerial department of the Government of the United Kingdom. It is responsible for welfare, pensions and child maintenance...
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The Pensions Act 2007 and the PensionsAct2008 introduced improvements to pension provisions, while the Employment Act2008 strengthened existing legislation...
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