Morten Nilsson

The chief executive of Now Pensions reflects on what he has learned from a tough year

More than half (56%) of small and medium-sized employers (SME) have never heard about the retirement flexibilities set to come in from April 6, according to research.

Now Pensions has outlined a five-point plan the next government should follow to give more people a better chance of being financially secure in their old age.

Industry figures have called on the government to raise the bar for schemes that can take automatic transfers of small pots.

Figures from Now Pensions reveal that out of the 4,279 companies which signed up with it in 2014, nearly one in five (17%) completed their application either close to their staging date or after the deadline had passed.

Nearly one in six MPs (15%) expect the state pension to disappear within a generation, according to research from Now Pensions.

The pensions industry has rejected government proposals to tinker with auto-enrolment (AE) earning thresholds and called for a complete overhaul.

Louise Fulford has been appointed head of administration by Now Pensions.

Now Pensions anticipates that "the vast majority" of its members will choose to take cash at retirement following the flexibilities introduced in the Budget 2014.

Naomi Rainey looks at the impact of TPR and ICAEW’s master trust assurance framework