Auto-enrolment

The Royal Bank of Scotland has become the first UK company to auto-enrol its workforce under the government's requirements, with 40% of newly enrolled members choosing to opt out.

The number of people contacting The Pensions Advisory Service helpline has increased 8% this year as the organisation begins taking calls on auto-enrolment.

Peter Hudson gives his take on guarantees

Automatic enrolment will become the most expensive regulatory change imposed on businesses under the coalition government.

Just 5% of small to medium enterprises will use NEST as their sole schemed for auto-enrolment, according to Jelf Employee Benefits.

Employers are being too optimistic about the time it takes to prepare for auto-enrolment, with nearly one-third of firms hoping to prepare in less than three months, official research shows.

Less than half of all full-time workers are now saving into a workplace pension, according to the Office for National Statistics.

Listen to our latest Pensions Conjecture debate on Auto-enrolment.

The government has tweaked auto-enrolment staging dates for smaller employers again, after concerns were raised over the complexity of the way these companies were defined.

The NAPF's proposed coded of conduct on charges has split the industry reports Rachel Dalton