One in five automatically-enrolled members will benefit from generous employers who will pay more than their minimum 2% pension contributions, a survey by The People's Pension reveals.
The new tax year brings a number of changes to the pensions world, not least the first round of phasing for auto-enrolled employees.
The Work and Pensions Committee has called for the government to introduce an auto-drawdown option while allowing NEST to offer decumulation products, James Phillips reports
Savers feel positive about the upcoming rise in auto-enrolment (AE) contributions, according to data from the National Employment Savings Trust (NEST).
The pressure of "excessive regulation" is causing a drop in the number of lay trustees and deterring people from taking up the role, according to this week's Pensions Buzz respondents.
Nearly three-quarters of workers were saving into a workplace pension scheme as of April last year, data from the Office for National Statistics (ONS) shows.
Phasing has arrived with auto-enrolment contributions rising from 2% to 5% for millions of pension savers. As we wait to see what happens as a result, James Phillips asks what's next.
This week's top stories included coverage of the ongoing Universities Superannuation Scheme (USS) saga, where members rejected a negotiated deal between their union and the employers.
The rise in auto-enrolment (AE) contributions over the next 13 months will have a "severe impact" on the average worker's disposable income, according to independent analysis.
Philip Hammond's financial update was empty of any direct pensions impacts as the chancellor sought to trim down the fiscal statement.