Major plan changes to auto-enrolment in 2012 risk undermining the consensus on workplace pension reform, leaving another generation exposed to retirement poverty, the Trades Union Congress warns.
UK - Major changes to auto-enrolment in 2012 risk undermining the consensus on workplace pension reform, leaving another generation exposed to retirement poverty, the Trades Union Congress has warned.
The Confederation for British Industry is set to back the key principles behind auto-enrolment and NEST in its submission to the independent review body, PP can reveal.
That the Confederation for British Industry is set to back the key principles behind auto-enrolment and NEST in its submission to the independent review body is telling indeed.
It was a good idea, but the execution was dismal.
Pensions minister Steve Webb has highlighted the need to develop a strong State pension to help people build up a decent level of retirement income. Speaking at the ABI Savings and Protection conference on 13 July the minister outlined his commitment...
The UK should look at the Chilean retirement system's multi-fund structure as it develops the default fund set-up for NEST, Organisation for Economic Co-Operation and Development principal economist Pablo Antolin-Nicolas has said.
Following recent government announcements on annuity reform the issue of minimum income requirements has caused concern, as Sebastian Cheek reports
The independent panel of experts tasked with assessing the viability of auto-enrolment and NEST has finished a run of seminars with stakeholders.
Auto-enrolment and the National Employment Savings Trust must be simplified if either is to be a success, industry experts say.