Jill Kerby: Financial Matters

Don’t waste time waiting for the state’s pension unicorn

Regina Doherty is overseeing the auto-enrolment pension Picture: Bryan Meade

Let’s stop kidding ourselves: the time-frame and cost of the government’s auto-enrolment scheme are totally unrealistic

If I was a financial adviser – and I am not – I would have a sign on my door that read “Auto-enrolment pension? Abandon hope all ye who enter here”. Counting on the government to meet its 2022 deadline for the introduction of a universal private pension scheme was both unrealistic and untenable.

That’s according to ...