NOW: Pensions

Now Pensions applies for master trust authorisation

Now Pensions has revealed it has submitted an application for master trust authorisation to The Pensions Regulator (TPR).

Increase in auto-enrolment cushioned by tax changes

Pension savers will now be putting away more in their pots as part of an increase in auto-enrolment minimum contributions from 5% of qualifying earnings to 8%.

Pension savers short-changed £40k by auto enrolment 'quirk'

Savers could be short-changed by as much as £40,000 unless changes are made to the way auto-enrolment minimum contributions are calculated.

Changes at the top following pension firm acquisition

Nigel Waterson, chair of the trustees at Now Pensions, has today announced that he is standing down after more than seven years in the role.

'Providers failing over auto enrolment choices for employers'

Nearly 8 in 10 advisers expect growing numbers of pension providers will not offer their auto enrolment schemes to businesses with fewer than 30 employees.

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