Planned increases to minimum auto-enrolment contributions will be delayed to align them with the start of the tax year, the government has revealed.
Baroness Altmann has said the government is handing the pension industry "millions of customers on a plate" through auto-enrolment, but warned it was not about to raise minimum contribution rates.
There is no certainty of when taxpayers will be paid back the loan which was made to establish the National Employment Savings Trust (NEST), the Public Accounts Committee has found.
Louise Farrand has been hired to replace Nils Johnson as executive director at the Defined Contribution Investment Forum (DCIF)
Almost 5.5 million people in 60,000 firms have been automatically enrolled since 2012, according to the latest government figures.
PAC inquiry will be 'litmus test' for auto-enrolment
Almost 5.5 million people in 60,000 firms have been automatically enrolled since 2012, according to the latest government figures.
Only half of all women in the UK are saving enough for their retirement, while nearly a quarter are saving nothing at all, research finds.
Differences in the performance of the biggest defined contribution default fund mean some members could miss out on more than £500,000 of retirement income, warns JLT Employee Benefits.