The rise in automatic enrolment (AE) contributions could lead to a 30% increase in members' pension pots, an Aviva analysis has found.
As it stands, minimum contributions are at 2%, but this will increase to a total of 5% in April this year, and 8% in 2019. The study was conducted in February, and calculations were based on a hypothetical...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.