Hugh Nolan believes members struggling with increased auto-enrolment contributions should be offered a chance to opt back down to the previous level rather than making it an "all or nothing" choice.
Some 235,000 employers have enrolled their staff in a workplace pension and over 6.6 million people are now in these schemes. So far, so good on auto-enrolment! This success strongly supports the nudge...
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
The pensions industry must personalise interventions and auto-enrolment (AE) conversations to prevent members from squandering their pots at retirement age, according to industry experts.
Legal & General Investment Management (LGIM) has incorporated ESG considerations as well as its climate impact pledge into the default funds for the 3.3 million members in its master trust and contract-based schemes.
As TPR prepares to kick off its first master trust supervisory cycle, Kate Smith explores how the market has changed and may continue to
Nest Insight has outlined a series of different options on how its planned hybrid savings tool could be implemented successfully by employers.