Investment

Ladbrokes has selected Legal and General (L&G) to provide its auto-enrolment scheme.

The Pensions Regulator (TPR) has begun auto-enrolment with just five staff members electing to opt out.

The government has set the earnings threshold at which workers are auto-enrolled at £9,440 for 2013/14.

Fears retiring baby boomers will monopolise resources and limit economic growth for future generations are "nothing to worry about", according to sociologist Frank Ferudi.

Lloyds Banking Group (LBG) has budgeted more than £1m in costs for implementing auto-enrolment to its 107,000-strong staff.

Employers need to be given a defined line between providing information and advice on pension arrangements, a select committee has been told.

HEROES & VILLAINS

Women are more likely than men to be hit by financial hardship when they retire if their spouse dies before them, according to Prudential.

The UK's over-55s are working longer as they fall back on their savings to meet living costs, according to research.

Retirement Planner's round-up of the top pension stories this week.