Peer says messaging explaining the benefits of pensions could stop people opting out
Research found 13% of savers have accessed pension savings earlier than planned
More than half of UK savers agree they are unable to save sufficiently to achieve the retirement they want, according to research by BlackRock.
Just one in 20 members feel too much of their income goes into their pension, NEST Insight says.
Companies should revaluate their approach to defined contribution (DC) default design as more than 80% of savers trust employers to choose the right investments, according to research by BlackRock.
A significant majority (72%) of the public are unaware minimum employee auto-enrolment (AE) contributions could triple from 1% to 3% next April.
The industry does not believe the government's proposed cold calling ban will impact on providers' confidence to contact members about the importance of savings.
Eight of ten employers are not doing enough to help staff accrue adequate pension pots for retirement, according to research by Hargreaves Lansdown.
Catherine Howarth looks at what issues the auto-enrolment consultation should focus on
There have been calls to introduce more flexibility into the auto-enrolment regime in the light of potential economic volatility. Helen Morrissey does not agree.