DWP

Proposals to make auto-enrolment more efficient for employers have been outlined by the government.

The Department for Work and Pensions (DWP) must monitor the overall rate of participation in auto-enrolment rather than focusing on opt-out rates, providers have warned.

Providers could save £74.6m a year by communicating all information with pension savers online, under government proposals.

The National Employment Savings Trust (NEST) £4,400 contribution cap may prevent some of its members from achieving adequate retirement income, according to the Pensions Policy Institute (PPI).

Retirement Planner's round-up of the top pension stories this week.

The Financial Services Authority (FSA) and its successor bodies may not be able to prioritise pensions standards if regulation were moved to a single body, a top regulator has said.

Insurers have warned against "distracting" the National Employment Savings Trust (NEST) from its original purpose by lifting government-imposed restrictions.

The Department for Work and Pensions has promised a better working relationship between the Pensions Regulator (TPR) and the Financial Services Authority (FSA) and said joint thematic reviews are planned.

The Office of Tax Simplification has made a range of recommendations in a bid to make tax simpler for Britain's pensioners.

The Office of Fair Trading (OFT) has launched an investigation into the value for money of workplace defined contribution (DC) pensions schemes.