Marston's has announced it will close its final salary pension scheme to future accrual from 30 September 2014.
Concerns over an auto-enrolment (AE) capacity crunch in early 2015 have been compounded by the announcements made in the Budget 2014, say consultants.
Workers who have been auto-enrolled do not have high expectations for their pensions, with just one in five believing they will save enough to retire in comfort, research finds.
The master trust sector needs compulsory regulation not voluntary assurance, says Morten Nilsson.
Jonathan Stapleton is concerned rules for lenders may undermine AE
The growing number of workers who are self-employed could hamper attempts to get more people saving into a pension scheme, according to a think tank.
The industry wants auto-enrolment minimum contributions to rise and sees auto-escalation as a good way of achieving this
The pension industry is keen to see auto-escalation arrangements put in place to help workers save more, PP research finds.
The industry believes the the minimum auto-enrolment contribution for workers should be set above 6%, according to research carried out by PP.
The pensions industry wants to see a rapid escalation of the minimum employer contribution rate for auto-enrolment, PP research finds.