All Auto-enrolment articles – Page 2
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NewsSavers lack knowledge of retirement income needs, research shows
Nearly a third of people do not know how much they should save for their pensions, according to new research.
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OpinionIt’s time to shout about exceptional pension schemes
The PLSA’s new director of policy and advocacy Zoe Alexander calls for pension schemes to speak out about best practice and the many ways they are supporting members.
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OpinionTackling post-enrolment inertia in pensions
Auto-enrolment succeeded by embracing people’s inertia to passively get them saving for retirement. To get them saving enough, though, we will need to break through inertia, as Fairer Finance’s Tim Hogg explains.
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NewsBudget 2024: National insurance hike ‘terrible news’ for pension adequacy efforts
Former pensions minister Steve Webb argues that higher costs for employers will make it harder to increase pension contributions later.
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NewsTaking automatic enrolment beyond pensions
The success of auto-enrolment into pension funds should be extended to help people build up short-term savings, according to a new report.
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NewsPMI predicts compulsory auto-enrolment by 2045
Higher contribution rates and compulsory participation should be the future of the UK’s auto-enrolment regime, according to panellists at an industry event.
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NewsIFS sets out roadmap to boosting auto-enrolment
Industry figures call for the government to incorporate IFS recommendations into its Pensions Review to boost adequacy and accessibility.
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NewsPLSA urges caution on potential tax relief changes
The Pensions and Lifetime Savings Association (PLSA) has urged the government to tread carefully regarding potential changes to pension tax relief in next month’s Budget.
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FeaturesHow master trust regulation is evolving
Master trust supervision has evolved to focus on investments, data and innovation, the Pensions Regulator (TPR) has said.
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NewsData casts doubt on Conservatives’ state pension pledge
Data from LCP has called into question the Conservative Party’s “triple lock plus” policy and its promise to pensioners that they will “never” be taxed on their state pension.
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News‘We need a consensus’: Sir Stephen Timms calls for higher contributions
The chair of the Work and Pensions Select Committee has called for the government to set out a full plan for raising default auto-enrolment contributions to 12% over the next 10 years.
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NewsWTW urges higher default contribution levels to boost saving
Higher default contributions, more decumulation options and appropriate investment strategies should all help improve pension adequacy, WTW says.
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NewsAuto-enrolment contributions boost ‘could add £10bn a year’
Research by Phoenix Group claims raising contributions to 12% could mean almost £96,000 more in the pension pot for an 18-year-old when they retire.
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OpinionHow do you solve a problem like small pension pots?
The lifetime provider model may not be the answer to the rising number of small pots, but the industry still needs to solve this growing problem, as Bernard Casey and Noel Whiteside explore.
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OpinionThe long-term costs of more choice in auto-enrolment
Former shadow pensions minister Gregg McClymont explores the impact of the lifetime provider concept ahead of this week’s Budget announcement.
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NewsWhat does Labour have in store for the pensions industry?
The Labour party last week set out its plans for reform of the financial services sector, including several proposals affecting pensions. We asked industry commentators for their views.
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NewsThink tank praises ‘pot for life’ plans
The SMF’s latest briefing note features an appeal from the pensions minister calling for views from industry experts.
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OpinionAre policymakers’ DC plans realistic?
There is much to be positive about in DC pensions – but policymakers must be careful to avoid a multitude of pitfalls, writes Martin Willis.
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NewsIncrease of renting in retirement poses risks to future pensioners, new report warns
Data predicts households that own their home in retirement could fall from 78 per cent to 63 per cent by 2041.
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NewsMore than half of pension savers do not understand fees
Consumers are baffled by fees, warns Boring Money’s Holly Mackay