Buzz: AE gives members false sense of security

clock • 1 min read

More than three quarters of Buzz respondents fear that auto-enrolling people into schemes with an 8% contribution rate will give them a false sense of security.

Contributors called for the statutory minimum contribution to be increased over time to "sensible levels". Levels proposed ranged from 10% to 20%. "Better education and support is needed in orde...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

L&G expands retirement planner to younger DC members

L&G expands retirement planner to younger DC members

Firm says planner has ‘significantly boosted’ retirement readiness among members approaching retirement

Martin Richmond
clock 07 October 2025 • 2 min read
Standard Life launches pensions advice service

Standard Life launches pensions advice service

Designed for those with £50,000 or more in savings who would not normally seek advice

Jasmine Urquhart
clock 06 October 2025 • 2 min read
Royal London launches three sustainable funds

Royal London launches three sustainable funds

New funds expand the provider’s range of sustainable funds to nine

Martin Richmond
clock 03 October 2025 • 1 min read
Trustpilot