The Government introduced auto-enrolment as a way of helping employees save for retirement. It means that employers must automatically enrol certain staff into a company pension scheme. Employees have a choice to opt out of a scheme if they choose.
We have a clear and helpful guide to workplace pensions for employees. It can be handy if you want to know more about how workplace pensions work, and how to get the most out of them.
The Independent Governance Committee was founded by Standard Life in 2015. Its main role is to review the value for money provided by Standard Life Workplace Pension schemes.
Find out how the IGC works in your interest here:
Save for a life after work with an Active Money Personal Pension.