Pension trade body the Pensions and Lifetime Savings Association (PLSA) is to focus on expanding the scope and level of automatic enrolment as its top strategic policy objective in 2023.

The government has confirmed that, after its latest review, auto-enrolment thresholds will be held at their current levels for the next year.

A total of over £114bn has been invested in Automatic Enrolment pensions by nearly 11m people since they were first launched 10 years ago, new government figures published today show.

MPs want auto-enrolment pensions to be revamped to prevent them providing second rate incomes in retirement.