Inaction on retirement defaults puts members at risk

Inaction on retirement defaults puts members at risk

From the blog: When discussing retirement pathways, the industry needs to ask itself two key questions: what is the goal of auto-enrolment, and what does success look like?

Currently more than 9m people have been auto-enrolled into a workplace pension. It is clear we have made huge strides in reversing the decline of pension saving for many UK workers – auto-enrolment is rightly seen as a success story.

But is that job done? Can we be confident that auto-enrolled workers are heading for the best possible outcome?At Nest our goal is to help millions of people enjoy a better retirement. And […]

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