Retirement Planner's round-up of the week's top pension stories
Bosses could face penalties for 'poor' AE pension schemes Pensions minister Steve Webb has said the Department for Work and Pensions (DWP) is considering imposing penalties on employers who do not choose auto-enrolment schemes deemed of a high enough standard. Speaking at a TUC conference, Webb said the DWP is concerned auto-enrolment legislation does not provide minimum standards for schemes beyond contribution levels. "I still find it amazing that, when the legislations went through in the last Parliament for auto-enrolment, there was almost no quality standard. There is a contri...
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