Three things we learned this week

Pension auto-enrolment begins for thousands Thousands of workers have been auto-enrolled into a workplace pension for the first time today. Workers at the country's largest firms will start paying into qualifying pension schemes - unless they choose to opt-out. Their employer will also contribute. About 600,000 people will be enrolled by the end of the year and by May 2014 some 4.3 million will be saving for the retirement. Minimum contributions start at 1% and by October 2018 build to 4% for employees which equates to 8% overall (employer at 3%, employee at 4%, and tax relief at 1%...