UK can learn lessons from Norway's painful AE roll-out
UK companies are likely to experience the same "painful" and problematic auto-enrolment implementation as Norway firms due lack of preparation and similar complex legislation, Mercer warns.
The consultant said companies it worked with in Norway - the country introduced mandatory pension provision in 2006 - 2007 - struggled as they had left preparation too late. It urged UK companies to learn...
More on Legislation
Latest stories
FCA fines Standard Life Assurance £31m for non-advised annuity sales failures
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
Government consults on 'sticking plaster' NHS pension reforms
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Trustee enquiries about bundling admin and investment rise 50% at Aviva
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
Respondents unsure if Guy Opperman will remain in post
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.