Thursday, 30 March 2017
Rather than being another box ticking exercise on their pensions to-do list, employers could use re-enrolment to review scheme governance, says Jenna Gadhavi
Nationwide’s success story provides two vital lessons for raising auto-enrolment contribution levels
The building society successfully boosted the number of members making extra contributions from 9% to 84%
Sometimes also called 'money purchase' schemes. In a defined contribution scheme, each individual holds his or her own 'pot' of money, which will be used after retirement to provide an on-going source of pension income. All the investment risk sits with the member, not the employer.