The new 'opt-out' pension scheme where employees are automatically enrolled in to saving for their retirement could cause a false sense of security among savers, says Ros Altman:
I see a real danger of people being lulled in to a false sense of security. A lot of people have no idea just how much you need to save to provide a decent pension.
Looking at hard cash, the pensions "boost" may not appear quite so big.
The largest shake-up of the pension scheme in more than a century is rolled out today. But what do the changes mean to you?