Pensions Act 2008
The Pensions Act 2008 (c 30) is an Act of Parliament of the United Kingdom.
The first principle 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. The 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.
See also
- State pensions acts
- Widows ‘Orphans’ and Old Age Contributory Pensions Act 1925
- National Insurance Act 1946
- National Insurance Act 1965
- Social Security Contributions and Benefits Act 1992 (c 4)
- Private pensions acts
- Superannuation and other Funds (Validation) Act 1992
- Pension Schemes Act 1993
- Pensions Act 1995
- Pensions Act 2004
- Pensions Act 2007
Notes
References
- 'All firms must offer pensions, government agrees' (27 October 2010) BBC News