The industry is split in its support of the DWP’s move with 45% agreeing and 45% disagreeing
Pete Glancy says lack of reform is preventing people from having a comfortable retirement
Freeze in triggers should result in more people being able to save more towards retirement
Peer says messaging explaining the benefits of pensions could stop people opting out
Workers saved £114bn into pension pots in 2021, compared to £81.7bn in 2012
Data shows there is yet to be a significant uptick in opt outs in 2022
Standard Life’s Gail Izat looks at auto-enrolment ten years on from inception
PLSA said schemes are responding to the crisis by providing extra support to their members
Just 39% of employers offering contributions of more than 3% to all employees
Common errors prompts regulator to remind employers of their duties under AE