AE will need 'elevator pitch' to engage consumers - Gregg McClymont

The event coincided with the publication of Aviva's Pre-Review of auto-enrolment, which was carried out ahead of the government's own upcoming review and included the group's "10 steps to AE success". These cover four different aspects of potential reform: adequacy, scope, consolidation and engagement. In it, Aviva argued the total auto-enrolment contributions - that is, from employer, employee and tax relief - should be phased up to reach a minimum of 12.5% by 2028. The group also called for the adoption of a flat rate of tax relief, rebranded as a 'savers bonus'  to aid consumer unders...