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.
Continuing defined benefit scheme closures have left three in ten schemes planning to outsource administration, according to research.
The pensions industry must become more transparent on costs and charges and hold firm on the merits of auto-enrolment, delegates heard.
Complying with auto-enrolment regulations is going to be an "absolute minefield" for certain employers and they must start planning accordingly, delegates heard.
Labour has called on the government to stick to the schedule for auto-enrolment.
One in three workers will opt out of their employer's pension scheme, according to a Populus poll for the National Association of Pension Funds.