Which? response to opening of auto enrolment pension scheme

Richard Lloyd, Which? executive director,  said:

“One of the most important things people need to do is save for their retirement and every penny counts. The Government needs to make sure that the public are fully aware of auto enrolment, but also that all pensions schemes are of a high quality with clearly defined minimum standards to protect consumers from being automatically enrolled into poor value schemes. Consumers must also be protected from excessive transfer fees when they move to another job.”

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