Andrew Short looks ahead to the introduction of auto-enrolment to discuss how staff will react and what employers will do to combat the possibility of a mass opt-out.
Nobody knows just how the tabloid press will react once auto-enrolment kicks in. Perhaps the Sun or the Daily Mail will run a number of cynical articles about opting out with headlines such as ‘Opt-out...
Professional Pensions asked its readers to describe the current state of the pensions industry in one word this week, eliciting a mix of predominantly gloomy adjectives.
Pension schemes are increasingly seeking to provide additional support to members at retirement through online modellers and regulated financial advice, Aon says.
This week’s top stories included more details of PensionBee’s initial public offering and Just Group’s criticism of the effects of freezing the money purchase annual allowance.
ITM has acquired the products and assets of Profund Solutions from Mercer.