Auto-enrolment
Businesses support expansion of AE to low earners
The extension of auto-enrolment (AE) to more workers is supported by around three-quarters of businesses, according to research by Scottish Widows and the Confederation of Business Industry (CBI).
Ed Balls: Consensus politics is a UK strength, but fragile now
James Phillips spoke to the former shadow chancellor at PBUK about how politicians must embrace the benefits of long-term policy creation through independent and cross-party thinking.
TPR launches probe into 'shape-shifting employers' dodging AE duties
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
NEST's assets under management more than double in one year
NEST is now managing £5.7bn on behalf of its members, more than double the £2.7bn it was managing at the same time the previous year.
£100,000 pensions gap for women in part-time work
Women's savings are being cut due to part-time work leaving them £105,000 worse off than men in retirement, research conducted by the Pensions Policy Institute (PPI) and Now Pensions revealed.
We need a new independent pensions commission, say Buzz respondents
Pensions Buzz peers agreed with pensions and financial inclusion minister Guy Opperman and former shadow chancellor Ed Balls that now might be the time for a fresh commission.
Pensions minister: Saving trends on right track but we must go further
With record numbers saving for retirement, Guy Opperman says we have an opportunity to make it easier for people to engage with their pensions
Ed Balls: I back Opperman on need for fresh pensions commission
Ed Balls has backed the idea of holding a fresh pensions commission after the minister for pensions and financial inclusion, Guy Opperman, indicated support for such a review.
Minimum AE contribution rates could rise to 12% by 2030
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.
Third of women have no pension plan, finds Willis Owen
Just over a third of women claim they do not have a pension plan compared to 17% of men, a Willis Owen survey has found.
Female participation in workplace schemes soars as a result of AE
The number of women participating in a workplace pension has increased by 70% since auto-enrolment (AE) began, analysis by Equiniti reveals.
Occupational scheme membership rises to 45.6 million people
Membership of occupational pension scheme membership has risen to a record high of 45.6 million people as of the end of last year, according to the Office for National Statistics (ONS).
Government must show leadership on AE
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
NEST to completely divest from tobacco as 'compelling' performance evidence found
The government's auto-enrolment provider NEST is going tobacco-free across all of its investment portfolios after concluding the asset is a "poor investment" for its eight million members.
Living Wage Foundation campaign to tackle work insecurity still leaves workers ineligible for AE
The Living Wage Foundation has launched a campaign to tackle work insecurity after research found one in six workers are in low-paid, unstable work.
People should not use their pension to buy a house, says industry
This week's Pensions Buzz respondents rejected James Brokenshire's suggestion that savers should be able to use their pensions to fund deposits for house purchases.
IFS: Pensions system places too much risk on individuals
Workplace pensions look more like individual savings pots as too much risk is loaded onto members, Institute for Fiscal Studies (IFS) director Paul Johnson warns.
Pension participation rises to 87% of eligible workers
AE has had 'truly staggering' impact
Charles Counsell: Over 1,000 schemes to feel 'gentle hand' of enhanced TPR supervision
The Pensions Regulator (TPR) has set out plans to use "new regulatory initiatives" with over 1,000 schemes as it aims to tighten its regulatory grip and boost member outcomes.
Five issues the global pensions industry needs to address
Engagement in pensions is rising but there are still a number of barriers to overcome. Natanje Holt looks at the key issues that need to be tackled
TPR takes action against employer prioritising dividends and reveals 15% increase in use of AE powers
The Pensions Regulator has set how it has used its powers over the first three months of the year in a bid to better protect scheme members.
All pension customers should be treated equally
Ros Altmann urges the industry to address injustices and inefficiencies, and engage in direct-to-consumer marketing that promotes pensions properly for the mass market
Choosing between GPPs and master trusts
As more employers go through the re-enrolment process, it may be time to balance the pros and cons of GPPs and master trusts. James Phillips looks at the arguments
PensionBee leads industry with launch of simpler annual statements
PensionBee has become the first UK pension provider to adopt simpler annual statements to improve its pension reporting to members and encourage engagement.
