Govt should up AE contributions to as much as 15% - NAPF

In her keynote speech to the NAPF conference this afternoon, Joanne Segars applauded the "green shoots of pension recovery" triggered by the successful introduction of automatic enrolment - but oultined low contribution rates were a major outstanding issue for the pensions industry. She said: "There aren't many of us who think that the 8% contribution is enough to deliver a decent pension. It's a good start and certainly better than zero, which is the reality for too many today. "But now we are going to have to brave up to this issue, as 12 or 15% are more commonly seen as being the r...