PensionsOct 24 2014

More must be done to close savings gap: IFA

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by

People missing auto-enrolment criteria must still save or risk a poor retirement, Sheriar Bradbury has warned.

The managing director of IFA firm Bradbury Hamilton said more must be done to “close the gap between those saving for a pension and those who are not”, with auto-enrolment based on criteria such as age and earnings.

The two-page document, Automatic Enrolment: Declaration of Compliance Report, released in October by The Pensions Regulator, revealed that 33,660 employers had completed their declaration of compliance for auto-enrolment.