Businesses support expansion of AE to low earners
The extension of auto-enrolment (AE) to more workers is supported by around three-quarters of businesses, according to research by Scottish Widows and the Confederation of Business Industry (CBI).
The survey - which questioned 240 firms - revealed three quarters (74%) of businesses want AE to be made available to the self-employed and also support the £10,000 earnings threshold being reduced or...
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Defined contribution (DC) chair’s statements need a major re-think as part of the Department for Work and Pensions’ five-yearly statutory review on the rules around scheme governance in 2021, LCP says.
Consolidating DC schemes urged to act before 'capacity crunch'
Trustees must undertake a five-step process urgently if they are seeking to move their single-employer defined contribution (DC) scheme into a master trust, says Premier.
Cushon eyes more master trusts after Salvus acquisition
Workplace savings fintech Cushon has expanded its acquisition target to include pension-focused businesses as well as master trusts.
AE remains resilient despite pandemic and pension contribution increases
Auto-enrolment (AE) remained resilient during the Covid-19 pandemic and in the wake of minimum contribution increases, according to a report by Nest Insight.
Quarter of schemes switch to DC master trusts; a further half planning similar move
Transfers to defined contribution (DC) master trusts will continue well into 2021, latest research from Sackers reveals.
