Confidence in defined contribution pensions has fallen so low that the majority of workers would choose an inferior financial reward over a 10% boost to their employer contribution, says Hymans Robertson.
Only one in ten employers understands how to discharge their duties under auto-enrolment, Department for Work and Pensions research shows.
The DWP's glossary of pension terms for auto-enrolment.
LCP has teamed up with Staffcare to take its auto-enrolment and flexible benefits propositions online.
The majority of Unison executive groups launched a campaign today urging their members to vote ‘yes' in a ballot on accepting the government's proposed reforms to the Local Government Pension Scheme.
The Trades Union Congress has called on the government to ban employers from passing on scheme consultancy charges to auto-enrolled staff.
State Street Global Advisors has launched 22 leveraged swap funds as part of its liability driven investment suite.
Millions of savers will be vulnerable to conflicts of interest and a lack of oversight as they are auto-enrolled into contract-based pension schemes, FairPensions has warned.
Pension Insurance Corporation has hedged £300m of longevity risk by reinsuring it with Munich Re.
Barclays has seen its pensions shortfall shoot up by more than a billion pounds over the last six months, despite paying in £700m to cut the deficit.