Inquiry: Auto-enrolment - The impact on advice

We are now two years into auto-enrolment and by and large, it has surpassed everyones best expectations. Figures from The Pensions Regulator show more than four million people have been enrolled into a pension. Opt-out rates continue to hover below the 10% mark. This is a far cry from the 40%-plus opt-out rates predicted by industry figures. Prior to auto-enrolment, even pensions minister Steve Webb said he would be happy with a 30% opt-out rate. So far, so good. But auto-enrolment is only part of the solution to our retirement savings dilemma. We need to focus on getting people to en...