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Share on LinkedInWe have today published a new report with Phoenix Group, “Raising the bar: A framework for increasing auto-enrolment contributions.”
Increasing default contributions to auto enrolled pensions is critical for ensuring that more people can live a decent retirement.
This report sets out a framework with a series of tests, which could guide decisions on the timing of these increases, considering the needs of households, businesses and the wider economy:
The report calls on all stakeholders in the pensions system to work together to ensure broad adoption and recognition of the framework, so that it can underpin a consensus approach to building better retirement outcomes in the decades to come.