Auto-enrolment

More than 200,000 companies have completed their workplace pension automatic enrolment (AE) duties according the Pensions Regulator (TPR).

This week's top stories were about speculation over a ban on defined benefit (DB) transfers, the Bank of England's interest rate cut, and the closure of advisory firm City Noble.

The former chairwoman of the Pension Protection Fund (PPF) has called for the removal of the choice for employees to opt out of auto-enrolment (AE).

The new pensions minister Richard Harrington MP has committed to auto-enrolment (AE) and master trust regulation as he set out his priorities for the role.

The Pensions Regulator (TPR) has renewed its call for small and micro employers to ensure they are complying with their auto-enrolment (AE) obligations.

Ascot Lloyd Pension Trust has been awarded the Master Trust Assurance Framework (MAF) accreditation.

The Pensions Regulator (TPR) has significantly increased the use of its formal powers to ensure small and micro employers comply with their auto-enrolment (AE) obligations.

The government will launch a new campaign highlighting the potential fines faced by small companies not complying with auto-enrolment (AE).

Dominating this week's most popular stories was coverage of the government's downgrading of the pensions brief, following Baroness Ros Altmann's resignation.

A weakened economy following the vote to leave the EU means savers will have to put as much as 22% of their wages into pensions.