The government may be keen to point out that the million-policy mark has been passed by stakeholder,...
The government may be keen to point out that the million-policy mark has been passed by stakeholder, but figures in a new ABI report suggest that there are growing gaps between the headline figures and underlying fundamentals of the sector. To start with, more than 90% of employer-designated schemes have no members, the ABI says. This is because employers forced to set up schemes by law have done just that but nothing further to actively encourage employees into the schemes. Just 9% of employers are making contributions to schemes on behalf of their employees, and the n...
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