AE

Smart Pension is to launch a smartphone application with animated financial illustrations, which will allow savers to change their contributions and investments with just a tap on a screen.

The majority of employees will stay opted into their automatic enrolment (AE) scheme despite their pension contributions tripling, Now Pensions research finds.

One in five automatically-enrolled members will benefit from generous employers who will pay more than their minimum 2% pension contributions, a survey by The People's Pension reveals.

The new tax year brings a number of changes to the pensions world, not least the first round of phasing for auto-enrolled employees.

The Work and Pensions Committee has called for the government to introduce an auto-drawdown option while allowing NEST to offer decumulation products, James Phillips reports

Savers feel positive about the upcoming rise in auto-enrolment (AE) contributions, according to data from the National Employment Savings Trust (NEST).

The pressure of "excessive regulation" is causing a drop in the number of lay trustees and deterring people from taking up the role, according to this week's Pensions Buzz respondents.

Nearly three-quarters of workers were saving into a workplace pension scheme as of April last year, data from the Office for National Statistics (ONS) shows.

Some 28% of senior business decision-makers are unaware that automatic enrolment (AE) minimum contributions are increasing next month, according to Now Pensions research.

The rise in auto-enrolment (AE) contributions over the next 13 months will have a "severe impact" on the average worker's disposable income, according to independent analysis.