'Auto-enrolment is the nudge I need': Are you ready for The Great Pension revolution? | Mail Online

'Auto-enrolment is the nudge I need': Are you ready for The Great Pension revolution? 

All this is going to do is actually put more people OUT of work!!  Each Pension Provider is supposed to pay in a similar amount to the employee. any companies don't bother paying. If they do, then it reduces cash flow. The payments, that they make, are deductible against their Corporation or Income Tax.
The Pension Fund can be used a security for company loans. The Fund may be borrowed from, by the company and rarely repaid.  another question arises if an employee moves work. Will this new scheme move the Pension to the next company,who could easily be a competitor?
This is really nothing to do with saving. Instead it is just a way to get investment into firms by using their employees money. The employee works,pays in money and the firm uses it all, to borrow money, that they could not normally obtain.
They rarely repay the Fund and merely declare bankruptcy stating that the Pension Fund is a creditor which they cannot pay.  The punter then will get nothing !!!