Companies ‘must encourage saving’

Shopping around can make your pension 25% bigger – and other tips millions of workers need to learn

Employers should be more active in promoting the benefits of saving to a sceptical public, and help workers navigate the pension system, according to speakers on the second day of the National Association of Pension Funds' annual conference.

As millions of new workers are automatically enrolled into workplace plans over the next six years, under government reforms, the industry is grappling with how to make sure the schemes are good value, efficient and give members a fair deal at retirement.

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