Webb: employers have 'sacred duty' to run quality pension schemes

Speaking at the Pensions and Benefits Show 2013, Webb said: "We've started with the biggest firms with HR and pension departments and of course you would expect them to do a good job and they deserve the credit. "The opt out rates are lower than expected and even within that region of very good there are some stunning examples of employers who've gone the extra mile, engaged with their employees, done communications, done videos, done talks and people have responded very positively. "I think we're at a critical mass in many workplaces where pretty much everyone is staying in and if so...