April's increase in minimum total contributions under auto-enrolment (AE) has caused a marginal uptick in opt-outs, according to Guy Opperman.
There has been a growth of under one percentage point since the majority of employees saw their contributions grow, preliminary data appears to have shown. Total minimum contributions under AE rose...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).