NEST

Sebastian Cheek investigates the idea that economies of scale can improve communications to DC members

The annual contribution cap and pension transfer ban should be retained in NEST's initial period but it is essential they are both reviewed in 2017, David Yeandle says.

Here it is. A summary of recommendations made by this morning's Making Automatic Enrolment Work Review.

The exclusion of micro-employers from auto-enrolment was ruled out due to the number of employees that would be excluded and because of "substantial" practical issues.

UK - Employers will be allowed three months' grace before auto-enrolling staff into a pension scheme, the Department for Work and Pensions says.

Employers will be allowed three months' grace before auto-enrolling staff into a pension scheme, the Department for Work and Pensions says.

UK - Pensions minister Steve Webb has admitted as many as one million additional people would be excluded from automatic enrolment should be the qualifying level of earnings be raised to £7,000.

Pensions minister Steve Webb has admitted more than one million additional people would be excluded from automatic enrolment by raising the qualifying level of earnings to £7,475.

The government must be careful about how auto-enrolment feeds into the means-tested system, Society of Pension Consultants president Kevin LeGrand warns.

The spending review settlement with the Department of Work and Pensions will fund the introduction of auto-enrolment from 2012 and the establishment of the National Employment Savings Trust, the government has announced.