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Auto-enrolment opt out rate rises to 9%

The percentage of Nest’s 9m pension savers opting out of auto enrolment has increased from 6% to 9% following the second increase in minimum auto enrolment contributions.

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Origo reveals 20% rise in pension transfer volumes

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.

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ABI and NEST agree new partnership deal

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.

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Court hits firm with £200k fine for auto-enrolment abuse

A national recruitment agency, its directors and senior staff have been ordered to pay more than £280,000 for plotting to illegally opt workers out of their auto-enrolment pension scheme.

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