Should Have Done More To Promote Group Personal Pensions

The following article is a rather depressing read http://www.bbc.co.uk/news/business-21546542 . The number of people saving for their retirement in a pension scheme is at a recent low. The last Government was correct to bring in auto-enrolment. When private sector employees are auto-enrolled they may dislike it at the time but I am confident that they will be thankful when they come to retire. Previous Government should have done more to promote group personal pension schemes and protect defined benefit schemes. I hope the current Government and its successor will be more effective.

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