Auto-enrolment

Rory Murphy says real and positive changes in the industry are best achieved if they reflect the interests of the consumer

The government and the industry "need to work in partnership" to enable savers to take control of their future, pensions and financial inclusion minister Guy Opperman has said.

Average retirement income has hit a record high of £19,900 but half of employees planning to retire this year believe it won't be enough, research by Prudential reveals.

Esther McVey must ensure current pension projects are not neglected and continue the success of auto-enrolment (AE) as a priority, industry commentators say.

After the government's auto-enrolment review found 12 million people were under-saving, Jonathan Stapleton says changes are needed to ensure young workers can afford to retire.

All private sector defined benefit (DB) schemes will have at least closed to accrual by 2028, according to this week's Pensions Buzz respondents.

In this week's Pensions Buzz we want to know if you think there will be any private sector defined benefit schemes still open to accrual within a decade.

The government has published its auto-enrolment (AE) review report - unveiling a range of plans to "maintain the momentum achieved so far".

The timeline for implementing DWP proposals under the 2017 automatic enrolment (AE) review is "shockingly lethargic", Royal London director of policy Steve Webb has said.

The government has set out plans to scrap the auto-enrolment (AE) lower earnings limit and extend the programme to 18-year-olds, but not until the mid-2020s.