Auto-enrolment

Helen Morrissey says firms better engage workers with pensions - even if they feel they have done enough

Jonathan Stapleton says the next generation of workers do not value pensions as much as other benefits

The National Association of Pension Funds' (NAPF) Default Fund Design and Governance in DC Pensions report highlights some of the trends and features of well-designed defined contribution (DC) funds.

The Pensions Advisory Service (TPAS) has appointed Michelle Cracknell as its chief executive.

Schemes with good defined contribution (DC) defaults focus on value, reduce volatility and make funds easily adaptable, the National Association of Pension Funds (NAPF) says.

Trustees' knowledge and understanding of auto-enrolment (AE) has remained unchanged at 94% and 67% respectively since autumn 2012, The Pensions Regulator (TPR) says.

Workers waiting to be auto-enrolled (AE) have reduced the amount they are willing to contribute to an occupational pension scheme by 24%, according to Scottish Widows.

Legal and General (L&G) will cap its charges on the default fund within workplace pension schemes at 50 basis points (bps) from 9 September.

Staffcare has announced Ray Sieber as the new managing director as Graham Jarvis, who has been in the position since 2009, concentrates on taking the company global.

Rachel Dalton spent a day at Standard Life HQ for a glimpse of AE inside an insurance giant