Auto-enrolment

High quality financial advice during de-risking exercises is crucial to ensuring the process is open and fair to members, pensions minister Steve Webb says.

The latest Pensions Act brings measures designed to make auto-enrolment more financially palatable for employers into force.

B&CE has launched a super trust called ‘The People's Pension' to rival NEST, which it hopes will attract one million members.

Government plans to include pension contributions when calculating workers' entitlement to tax credits risks undermining the key aims of auto-enrolment, argue Labour peers.

The Federation of Small Businesses has set up a multi-employer pension scheme for its members in preparation for auto-enrolment.

Women will be ‘winners' once auto-enrolment is introduced next year, but pensioners who rent in retirement could end up getting less back than they put in.

Auto-enrolment will force small employers to reduce benefits and potentially freeze recruitment to meet rising pension costs.

The gender gap in pensions is closing as half of women are saving adequately for retirement, but they are still putting away less than men, research finds.

Now Pensions, the multi-employer scheme set up by Danish pension scheme ATP to rival the National Employment Savings Trust, has unveiled details of its product offering.

UK companies are likely to experience the same "painful" and problematic auto-enrolment implementation as Norway firms due lack of preparation and similar complex legislation, Mercer warns.