All auto-enrolment articles – Page 40
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Opinion
Editorial: Freedom from want
The reaction to last week’s TUC report on state pension reform understandably focused on the results which, the union held, supported its claim that £144 a week would leave the “vast majority of people” worse off.
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News
Rentokil reports 4% opt-out rate in first AE wave
Rentokil Initial has revealed just 4 per cent of workers in its first auto-enrolment tranche have opted out since May, making it one of the lowest rates reported within the private sector.
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Opinion
Why we must fight to keep AE opt-outs low
At the beginning of the year insurer Aviva published research that found 37 per cent of people intend to opt out after they are auto-enrolled into their workplace pension.
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NewsLaw firms poised for 2014 AE capacity crunch
An eightfold rise in the number of employers reaching their auto-enrolment staging date next year could leave many of them struggling to find the appropriate legal advice to complete the process, industry experts have said.
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Opinion
Editorial: Put fraud firmly in the shade
As the mercury rose last week, attention on pension fraudsters also hotted up as the regulator brought a liberation case to the High Court.
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News
Total reward model complementary to AE
Pensions experts have highlighted the effectiveness of a total reward model in giving employees a positive attitude towards pensions under auto-enrolment, revealed a report released today.
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Features
Essex reduces auto-enrolment costs with transitional delay
Essex County Council opted for a transitional delay to spread costs and reduce work ahead of its employers’ staging date, as a substantial proportion of workers were not scheme members.
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News
Derbyshire reduces auto-enrolment comms burden
Derbyshire County Council has taken steps to reduce its auto-enrolment communication costs, from record-cleansing to communicating through employers, as local authority schemes look to manage the cost of the reform.
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Opinion
Editorial: The metaphysics of quality
Last week, the government issued a call for evidence on quality standards in defined contribution schemes.
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News
How auto-enrolment exceptions help your scheme
News analysis: Exceptions to auto-enrolment regulations due next year will bring more flexibility to schemes, but may be too late to help those already enrolled.
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Opinion
Editorial: Time to review your auto-enrolment spend?
The spending review seems to have passed by without directly impacting workplace pension schemes.
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NewsTrinity Mirror sizes up target date fund default
Trinity Mirror is to launch a staff survey to find out whether target date funds are appropriate to all of its employees as the company approaches auto-enrolment.
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Opinion
Editorial: Informed debate
Over the past six months Pensions Week has been putting effort into driving online debate on the issues that regularly grace these pages. So I thought I’d highlight some of the comments in this week’s busiest LinkedIn thread on our group page.
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News
SPC: Pot-follows-member a 'breeding ground' for fraud
The government’s pot-follows-member proposals threaten to “overstretch” the industry and expose members to greater risk of pension liberation fraud, if introduced at the peak of auto-enrolment in 2014, the Society of Pension Consultants has warned.
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News
Now Pensions U-turns on sharia fund for members
Now Pensions has reversed its decision not to launch a sharia option, in its concern to avoid alienating members with a preference for Islamic investment, following auto-enrolment.
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News
Young people less likely to opt out, report confirms
Young people are more inclined to save for retirement than their older peers, experts have said, as a survey reveals that young employees are less likely to opt out of auto-enrolment.
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Opinion
Editorial: Greatest prize is pushing DC ahead
Last week saw the 14th annual Pension and Investment Provider Awards take place at the Sheraton Park Lane Hotel.
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News
Survey: half of DC schemes failing investment duty
Data analysis: Consultants have raised concerns over a lack of investment focus from defined contribution schemes, after research found little more than half of schemes had recently reviewed their investment principles.
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NewsBT launches review of lifestyle default
BT has commenced a review of its contract-based scheme with a view to potentially making changes to its default lifestyle option, as employers review their schemes in the light of auto-enrolment.
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News
Printing scheme uses AE to trim 5bp off member fee
The Printing Industry Pension Scheme has used auto-enrolment to negotiate a reduction of 5 basis points in its flat fee for members, as the industry looks for ways to lower charges.