Altmann: Let grads use auto-enrolment contributions to pay off debts

clock

Graduates auto-enrolled into pensions should be allowed to use their employers' contributions to pay off their debts, Ros Altmann, director-general of Saga, said.

UK students starting courses in 2012 could face average debts of £53,000 by the time they graduate, according to the Push University Guide, published today. Annual average debts have risen 6.4% ...

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 Industry

News Digest: L&G plots swoop for NatWestCushon; Capita gets final OK to run Civil Service Pension Scheme

News Digest: L&G plots swoop for NatWestCushon; Capita gets final OK to run Civil Service Pension Scheme

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 13 October 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPT run-on DB superfund, Pensions UK to make subscription model changes, pensions minister speaks at a conference

Professional Pensions
clock 10 October 2025 • 1 min read
Good News Corner: Aon's Lynda Whitney abseils for charity

Good News Corner: Aon's Lynda Whitney abseils for charity

Senior partner abseils down the Cheesegrater building to raise money for Maggie’s Centres

Jasmine Urquhart
clock 10 October 2025 • 1 min read
Trustpilot