Industry

The Department for Work and Pensions (DWP) has focused hard on promoting a positive image auto-enrolment (AE).

This week Buzz reveals growing confidence in auto-enrolment (AE) but in the minds of respondents there is still a long way to go.

Unsurprisingly, a lot of respondents focused on low opt-out rates as the short-term measure of success for AE, and decent retirement incomes as the long-term goal. On this basis, many contributors said the first year of AE could be deemed a success.

The good news is that the industry thinks awareness of auto-enrolment (AE) is on the increase.

Respondents were split over whether the government should put in place an early warning system to urge people who were 10 years from retirement to seek advice on their pension. The idea had more supporters than critics however, and many people who rejected...

Taha Lokhandwala says professional trustees need a quality stamp

Industry figures have called for a debate on whether professional trustees should have a standardised qualification over concerns the occupation needs a barrier to entry.

The continued decline of defined benefit (DB) schemes has led to the industry being overcrowded with highly qualified actuaries, an independent trustee says.

Trustees must beware the limitations of fixed fee consultancy services, experts say.

Roy Gillson, the first chairman of Universities Superannuation Scheme Investment Management Limited (USSIM) has died aged 60 after a battle with Non-Hodgkin's Lymphoma.