Research
U.K. Nest Pension Auto Enrollment Remains ‘Robust’
Despite turbulent year, auto-enrollment continues to thrive, with opt outs lower than expected.
Tag: auto-enrollment
Newsmakers
401(k) Balances Rise to Record in 2021
The average plan’s value rose 8% during the year to $130,700.
Pensions
House Considers Auto-Enrollment Legislation
The proposed bill would require nearly all US companies to enroll workers in a retirement plan.
Pensions
NYC Council Passes IRA Auto-Enrollment Bills
The legislation would establish a mandatory retirement savings program and a board to oversee it.
Research
Auto-Enrollment Triples New Hire Participation
Vanguard report finds DC plan take-up rates surge to 91% from 28% under automatic enrollment.
Pensions
Virginia Legislature Passes Bill to Create State-Run Retirement Plan
The VirginiaSaves program would require mandatory participation by eligible employers.
Scottish Widows Calls for Removal of Auto Enrollment Minimum
Insurance firm says £10,000 threshold ‘an unfair barrier’ for low-paid workers.
UK Workplace Pension Participation Surges to Record High
Auto enrollment helps portion of workers with pensions rise to 73% from 47% in five years.
Newsmakers
Auto Enrollment Boosts UK Pension Participation by 50%
Pension enrollment jumps by 5.4 million between 2012 and 2016.