Displaying items by tag: Autoenrolment

It was announced on 16 December that Rachel Reeves was pressing pause on the second stage of the pensions review, a review that was expected to contain the long-awaited extension of auto-enrolment and measures to help the self-employed save for retirement.

Auto enrolment should be extended and made more flexible while employers should offer short-term savings schemes to workers, according to a new report.

The Government has confirmed that it intends to move forward with major reforms to automatic enrolment pensions.

The government has confirmed that, after its latest review, auto-enrolment thresholds will be held at their current levels for the next year.

A total of over £114bn has been invested in Automatic Enrolment pensions by nearly 11m people since they were first launched 10 years ago, new government figures published today show.

Just over one in four workplace pension savers (26%) fear their pension pot will fail to provide enough to live on at retirement, according to a new report from the Pensions and Lifetime Savings Association (PLSA).

An MP has proposed plans to lower the age for auto-enrolment from 22 to 18 and to extend the scheme to lower and part-time earners.

Major workplace pensions provider NOW: Pensions is to commit to net zero carbon emissions by 2050 and an expanded sustainable investment strategy in a major shift towards ESG investments.

One-in-twenty workers are being ‘under-enrolled’ in company pension schemes by receiving less than the minimum legal contributions, or no contributions at all, according to new research.

Almost £10bn was transferred out of defined benefit pensions in the final quarter of 2019, according to official data.