"Typically, auto-enrolment schemes tend to have far less fund choice than a personal pension, and typically either have a fund or range of funds which uses lifestyle or target dated funds.
"As the employee tends to make the investment choice, our job as advisers is to provide an appropriate scheme, ensuring the auto-enrolment pensions provider has a decent default scheme as well as sufficient choice for the employees."
simoney.kyriakou@ft.com