In this section, you will find information about upcoming
pension reforms, which come into effect at various times from 2010
onwards.
The main reforms are:
- the introduction of auto-enrolment in 2012;
- the introduction of the National Employment Savings Trust
(NEST) in 2012;
- a reduction to the number of qualifying years required to claim
the full basic state pension;
- increasing the state pension in line with earnings (rather than
prices) from 2012;
- the increase to the minimum retirement age from 50 to 55
in all occupational and personal pensions; and
- the end of contracting-out in defined contribution
schemes.
