One in five automatically-enrolled members will benefit from generous employers who will pay more than their minimum 2% pension contributions, a survey by The People's Pension reveals.
The new tax year brings a number of changes to the pensions world, not least the first round of phasing for auto-enrolled employees.
The Work and Pensions Committee has called for the government to introduce an auto-drawdown option while allowing NEST to offer decumulation products, James Phillips reports
Savers feel positive about the upcoming rise in auto-enrolment (AE) contributions, according to data from the National Employment Savings Trust (NEST).
The pressure of "excessive regulation" is causing a drop in the number of lay trustees and deterring people from taking up the role, according to this week's Pensions Buzz respondents.
Nearly three-quarters of workers were saving into a workplace pension scheme as of April last year, data from the Office for National Statistics (ONS) shows.
Some 28% of senior business decision-makers are unaware that automatic enrolment (AE) minimum contributions are increasing next month, according to Now Pensions research.
The rise in auto-enrolment (AE) contributions over the next 13 months will have a "severe impact" on the average worker's disposable income, according to independent analysis.
Philip Hammond's financial update was empty of any direct pensions impacts as the chancellor sought to trim down the fiscal statement.
Crest Healthcare and its managing director have pleaded guilty to misleading The Pensions Regulator (TPR) about enrolling employees into a workplace pension.