We are seeing the emergence of a new pensions divide

Automatic enrolment into workplace pensions has led to increased attention on the vehicles into which employees will be expected to save for retirement. While the demise of ‘defined benefit’ pensions at the expense of ‘defined contribution’ seems irreversible, Craig Berry of the TUC argues that we need to recognise that a new divide is unexpectedly opening up and that the growing concentration of employees in low-contribution schemes is a particularly worrying trend.