Auto-enrolment

Commons announces inquiry into auto-enrolment

Professional Pensions | 12 Sep 2014 | 12:22 | To read this article you must be a subsriber

MPs have launched an inquiry into the progress of auto-enrolment after the shock changes to the pension system announced in the Budget.

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Almost half of Britons had no private pension, ONS says

Almost half of Britons below retirement age had no pension savings in the years 2010-2012, the Office for National Statistics (ONS) has revealed.

Professional Pensions | 11 Sep 2014 | 12:23 | To read this article you must be a subsriber

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Defaqto proposes fine for providers that exit AE as demand heats up

Pension providers that “cream off profits” and withdraw from the auto-enrolment (AE) market just as small and medium-sized employers (SMEs) stage should be fined, Defaqto says.

Professional Pensions | 10 Sep 2014 | 13:09 | To read this article you must be a subsriber

OTHER AUTO-ENROLMENT ARTICLES

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NEST leads master trust race as ‘big six’ auto-enrol 3.4 million members

National Employment Savings Trust (NEST) remains the largest auto-enrolment (AE) master trust with over 1.5 million members as of 1 September 2014.

Professional Pensions | 08 Sep 2014 | 16:49 | To read this article you must be a subsriber

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Auto-enrolment boosts saving rates for low earners

Half of employees on lower incomes are now saving adequately for retirement due to automatic enrolments according to research.

Professional Pensions | 08 Sep 2014 | 12:36 | To read this article you must be a subsriber

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Widows chief: Pensions industry close to breaking point after Budget

Toby Strauss, the chief executive of Scottish Widows, has said the pensions industry is in danger of "breaching its capacity to cope" following the far-reaching changes announced at Budget 2014, unless it is afforded some breathing space by policymakers.

Professional Pensions | 08 Sep 2014 | 11:48 | To read this article you must be a subsriber

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Webb says NEST limits will go in 2017 after EC approval

Pensions minister Steve Webb has confirmed that restrictions on the National Employment Savings Trust (NEST) will be abolished in April 2017.

Professional Pensions | 08 Sep 2014 | 11:27 | To read this article you must be a subsriber

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Retirement planning questions top TPAS calls

Questions about retirement planning were far and away the most common reason for calling The Pensions Advisory Service (TPAS) last year.

Professional Pensions | 02 Sep 2014 | 13:32 | To read this article you must be a subsriber

Theo Paphitis

Three out of four people aware of auto-enrolment

The Department for Work and Pensions (DWP) says its auto-enrolment policy is proving successful, with almost three quarters of the population aware of the flagship programme.

Professional Pensions | 19 Aug 2014 | 12:46 | To read this article you must be a subsriber

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Aegon UK earnings jump but auto-enrolment charge cap cost of up to £25m a year looms

Aegon UK has estimated the charge caps for auto-enrolment business will cost it between £20m to £25m a year, as it reported a 30% rise in pre-tax earnings for the second quarter.

Professional Pensions | 14 Aug 2014 | 11:16 | To read this article you must be a subsriber

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Auto-enrolment hits four million milestone

More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).

Professional Pensions | 14 Aug 2014 | 10:52 | To read this article you must be a subsriber

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Less than half of members satisfied with DC plan

The majority of UK defined contribution (DC) savers are not satisfied with their plans, according to research.

Professional Pensions | 08 Aug 2014 | 13:02 | To read this article you must be a subsriber

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Almost 12 million failing to save enough for retirement

Working people in the UK who are not saving enough for retirement number 11.9 million, according to research from the Department for Work and Pensions (DWP).

Professional Pensions | 08 Aug 2014 | 12:52 | To read this article you must be a subsriber

Pensions library

a-guide-to-pensions-stability-cover-page

A guide to Pensions Stability

 

This guide to Pensions Stability explores the new financial and operational model for defined benefit (DB) pension schemes. Pension schemes are still being run with far greater risk than is necessary and there is an opportunity to create a more stable pensions environment for trustees and sponsors.

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Joint institute pensions survey 2014

 

This inaugural survey among 326 members of the Chartered Institute of Personnel and Development (CIPD) and the Pensions Management Institute (PMI) asked whether auto-enrolment will deliver on its goals; if contribution rates for employees and employers need to rise; and whether pensions tax relief needs further reform.

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