Auto-enrolment

A number of smaller employers are planning to avoid auto-enrolment (AE) compliance citing the legislation as "designed solely to allow the government to steal more money".

Consultant Aon Hewitt has responded to the Department for Work and Pensions' (DWP) consultation on auto-enrolment (AE) simplification with its top five improvements.

First Actuarial’s Henry Tapper says employers should look carefully at adviser remuneration on GPPs

Two thirds of Buzz contributors rejected claims that the ban on consultancy charging was putting the success of auto-enrolment at risk. The Association of British Insurers (ABI) had claimed the measured threatened to derail the flagship policy.

Helen Morrissey says Steve Webb won't tolerate the industry dragging its heels

The Department for Work and Pensions (DWP) is still examining how auto-enrolment will apply to hybrid schemes after the draft Pensions Bill failed to close a loophole.

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.