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Automatic Enrolment – the story so far

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Automatic enrolment schemes are working but there still may be challenges to come, writes Malcolm Small, Senior Advisor on Financial Services Policy at the IoD. As we move towards the end of 2014, it’s a good time to review where the automatic enrolment of employees into pension saving has got us. Certainly, this policy appears to have arrested a decades-long decline in pension scheme membership, according to the latest figures from the Pensions Trends survey from the Office for National Statistics. This shows a sharp up-tick in membership in 2013, which will have continued this year. The Pensions Regulator estimates … Read More »

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