The auto-enrolment (AE) minimum contribution rates are more likely to help low earners than average or higher earners achieve their target retirement income, according to the Pensions Policy Institute (PPI).
However, current minimums are insufficient to ensure everyone will have an adequate retirement income, said the PPI in its report What level of pension contribution is needed to obtain an adequate ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date