Pensions opt-outs to be re-enrolled every three years

Jonathan Stapleton
clock

There will be an ongoing process of automatic re-enrolment into personal accounts, pensions minister Angela Eagle says.

Speaking at a Social Market Foundation fringe meeting - Rethinking Pensions: A new settlement for a new economic era?, held in Brighton on Sunday - Eagle said people would be thrown back into the scheme every three years in order to make sure as many people as possible were saving for their retirement. But she told IFAonline's sister publication, Professional Pensions, such a move was not the first step towards compulsion - saying "if parliament had wanted compulsion, parliament would have voted for compulsion". The meeting - which was led by SMF chairman Lord Lipsey - also included M...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Case study: The hidden risk of a single member SSAS without a professional trustee

Case study: The hidden risk of a single member SSAS without a professional trustee

The problem, the solution, lessons learned

Caitlin Southall
clock 30 March 2026 • 4 min read
Salary sacrifice protections overturned by House of Commons

Salary sacrifice protections overturned by House of Commons

Commons overturns Lords amendment to increase cap to £5,000 from initial £2,000 proposal

Holly Roach
clock 24 March 2026 • 1 min read
 Rachel Vahey: Advisers and clients still need clarity on NMPA increase

Rachel Vahey: Advisers and clients still need clarity on NMPA increase

'HMRC has had years to clear this up but has sat on its hands'

Rachel Vahey
clock 11 March 2026 • 4 min read