Auto-escalation may help increase employee contribution rates in workplace pension schemes, according to pensions minister Steve Webb.
Speaking at the launch of the Scottish Widows Retirement Report, Webb said that auto-enrolment had gone "stunningly well" so far but noted that a model such as auto-escalation could help employees ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
