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Research shows that Auto Enrolment data sent by employers to pension providers has a 50% error rate. Find out the common errors and complications that this can cause employers.
The FCA published its Retirement Outcomes Review in July last year. This review remains an ongoing study of the behaviours being exercised under freedom options for those reaching retirement from age 55.
Employee opt-outs from pensions auto-enrolment membership have remained low, but recent research suggests that some regions might be more exposed to this issue than others…
The minimum employer and employee auto enrolment contributions have just been increased. Will this mean that more employees opt-out of pension savings?
As of 6 April, auto enrolment contributions increased for both employers and their employees. Ensure your assessments remain accurate.
With the phased increases in pension contributions taking effect from April 2018 and again in April 2019, there is much debate about whether employees will make the decision to opt out.
Earlier this week the DWP published their latest review document which looks at the success of Pension Auto-Enrolment, and what changes may be required to build on that success.
The Pensions Regulator reported earlier this year that more than 8 million workers had signed up for a workplace pension since the introduction of Auto-Enrolment (AE) requirements in the UK.