Pensions form an important part of an individual’s life! Furthermore, the adequacy of pensions systems is increasingly coming under pressure based on demographic changes.
For these and many other reasons, Spark is very happy to participate with London Economics in a DG FISMA Study on the Best Practices and Performance of Auto-enrolment Mechanisms for Pension Savings. The aim of the study is to improve understanding of auto-enrolment practices, whereby savers are automatically enrolled into a retirement savings scheme, by mapping the characteristics of and best practices among different such mechanisms.