Auto-enrolment

The Department for Work and Pensions (DWP) must avoid penalising the largest employers when it simplifies auto-enrolment legislation, warn consultants.

The pensions industry must prove to government that it is "part of the solution to the pensions issue and not the problem," the director of life, pensions and savings for the Association of British Insurers (ABI) has said.

Majority of employers say poor retirement savings, as a result of defined contribution schemes, will lead to an inability for them to take on younger employees and graduates, research from Hymans Robertson shows.

Hymans Robertson has launched a defined contribution (DC) offering called Guided Outcomes (GO), which focuses on retirement income replacement rates rather than pot size.

Helm Godfrey has launched a multi-employer, auto-enrolment compliant pension scheme for the film industry.

The number of scheme members contacting call centres for information about their pensions has grown significantly over the last year, says Equiniti Paymaster.

The CBI's Neil Carberry calls for pensions stability

The Confederation of British Industry has called on the government to allow employers time to adapt to pension reform before introducing any more new measures.

Hannah Brenton says young people's aversion to saving is not down to apathy

Contractually enrolling staff into a scheme does not relieve employers of their statutory auto-enrolment duties, consultants have warned.