AE extension bill 'important step forward' in boosting outcomes

Industry welcomes bill becoming law but warns implementation must follow promptly

Martin Richmond
clock • 9 min read
AE extension bill 'important step forward' in boosting outcomes

The passing into law of the private members’ bill which seeks to grant two extensions to the provisions of auto-enrolment (AE) has been hailed by the pensions industry as an “important step forward” in boosting member outcomes.

The Pensions (Extension of Automatic Enrolment) (No. 2) Bill which passed its third reading in the House of Lords yesterday (18 September) and was granted Royal Assent earlier today , seeks to expa...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Aon DC tracker shows drop in Q3 retirement outcomes

Aon DC tracker shows drop in Q3 retirement outcomes

Tracker fell from 65.2 to 64.6 due to drop in expected investment returns

Holly Roach
clock 12 December 2024 • 1 min read
L&G launches inaugural endgame report

L&G launches inaugural endgame report

LGRI and LGIM divisions jointly launch report on DB endgame insights

Jasmine Urquhart
clock 11 December 2024 • 2 min read
Why we can't let the government dictate how we invest our pensions

Why we can't let the government dictate how we invest our pensions

Prioritising investments in illiquid assets risks leaving savers with poorer outcomes

Romi Savova
clock 06 December 2024 • 3 min read
Trustpilot