Nest, the auto-enrolment pension provider, has appointed former Skipton Building Society boss Ian Cornelius as interim chief executive following the departure of Helen Dean.
Transfer volumes through the Origo Transfer Service have increased by 20% year on year between 30 June 2018 and 30 June this year, to over 680k, it has been revealed.
The Association of British Insurers (ABI) and National Employment Savings Trust (NEST) have launched a partnership, boosting the relationship between the insurance and long-term savings trade body and the Government-established workplace pension scheme.
A pensions firm says there is a “serious sense of mission creep” about the Government proposals launched today to expand Nest.
As auto-enrolment reaches its third anniversary, NEST has reported that there are now over 5 million workers enrolled and up to a further 5 million workers set to be enrolled.
Auto-enrolment is celebrating its three year anniversary tomorrow (1 Oct) with 5m workers now enrolled and opt-out rates below expectations.
Workplace pensions lead the way when it comes to what working age adults see as their primary source of money for their retirement.
Financial advisers and intermediaries could see a surge in demand for help with auto enrolment in the next year, as research found three quarters of small and micro employers looking for support.
Some firms will struggle to comply with the demands of auto-enrolment, NEST's chief executive has said, as research showed less than a quarter of small employers feel able to handle it.
A potential pension paradox may be at play among small and micro business in the UK, according to new research.
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