Net-pay anomaly risks damaging confidence in AE

clock • 3 min read

The net-pay anomaly is unfair on the lowest-paid savers who need the top-up, argues Adrian Boulding.

By any measure, automatic enrolment (AE) is a huge policy success story. It has reversed a decade long decline in pension saving and, thanks to the scheme, more than 10 million people are now setti...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Majority of workers support increasing AE contribution levels to improve adequacy

Majority of workers support increasing AE contribution levels to improve adequacy

Research finds 83% support government review into adequacy of UK system

Martin Richmond
clock 30 May 2024 • 3 min read
Dashboards to create 'straightforward route' to finding lost pots but many may not benefit, says LCP

Dashboards to create 'straightforward route' to finding lost pots but many may not benefit, says LCP

Dashboards and default consolidators could help members locate 2.8 million lost pensions

Jasmine Urquhart
clock 29 May 2024 • 2 min read
Mercer Money app upgraded with EV enhanced modelling capabilities

Mercer Money app upgraded with EV enhanced modelling capabilities

Upgrade aims to help build member engagement and trust

Jonathan Stapleton
clock 29 May 2024 • 2 min read
Trustpilot