The industry must become more realistic about how little people are contributing to their pensions and encourage everyone to save more says Morten Nilsson.
Now Pensions is consulting smaller employers on their auto-enrolment needs as the master trust looks to revamp its proposition in the new year.
Now Pensions has warned smaller employers against leaving auto-enrolment (AE) to the last minute, revealing one in eight new clients did not contact the provider until after their staging date.
The Pensions Regulator (TPR) has published a list of master trust providers that are open to small employers and meet the master trust assurance framework (MAF).
Adrian Boulding has been appointed as director of policy by Now Pensions.
Some workers put into Now Pensions and the People's Pension have been mistakenly enrolled multiple times, PP understands.
The chief executive of Now Pensions reflects on what he has learned from a tough year
More than half (56%) of small and medium-sized employers (SME) have never heard about the retirement flexibilities set to come in from April 6, according to research.
Now Pensions has outlined a five-point plan the next government should follow to give more people a better chance of being financially secure in their old age.
Industry figures have called on the government to raise the bar for schemes that can take automatic transfers of small pots.