Auto-enrolment (AE) is helping savers make better retirement plans, but almost half believe they cannot afford higher contributions.
According to research by Prudential, 44% of new savers say they are now making better plans for retirement under AE. Over half (51%) admitted they could afford to save more with 29% saying they could...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point