Scottish Widows calls for 12% AE contribution by 2020
'False sense of security'
""AE may well be lulling people into a false sense of security that they are putting away enough for a comfortable retirement" - Scottish Widows' Pete Glancy
Scottish Widows has called for auto-enrolment contributions to be increased to 12% after research found the number of people saving adequately for retirement had stalled at around 56% for the third year in a row.
According to research by the pension provider, since automatic enrolment (AE) was introduced five years ago, the number of 'adequate savers' in the UK has risen from 46% to 56%. It also found, however,...
More on Retirement
Vanguard launches low-cost SIPP for D2C market
0.15% account fees
Troubled SIPP operator Guinness Mahon sold to Hartley Pensions
Unclear where liabilities lie
DB transfer values climb in January
£7,000 up
Coachloads of steelworkers to descend on Westminster for crunch DB transfer meeting
Three hours in front of regulators
Chancellor contemplates cuts to higher rate pensions tax relief
Budget 11 March
Back to Top
More news
From periodic tables to risk analysis: A young adviser's career path
CFP Nathan Bater speaks to PA
Anna Sofat on picking her firm's buyer and not 'owning' clients
It's The Pro Adviser Podcast
BlackRock tracker takes bulk of £1.3bn sustainable allocations in January
Morningstar sees 'building investor interest' in ESG space in January data
