The fact that a Scottish Widow's report, published last week, found more than 50% of workers are unaware of auto-enrolment legislation may be expected given that the Department for Work and Pensions has only just got its advertising campaign under way.
However, more worrying are DWP figures that show only one industrial sector – agriculture and fishing – bucked the trend of declining workplace pension savings in 2011, with an increase in participation...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.