Auto enrolment review

The government review, which looks at past, present and future workplace pension saving, has resulted in changes being proposed that will extend the automatic enrolment provisions but do the proposals go far enough?

Since its launch in 2012, automatic enrolment has transformed the way people save for retirement, with more than 9 million people now enrolled into a workplace pension, with a large number of new savers under the age of 30. However the review estimates there are still around 12 million individuals under-saving for their retirement, representing 38% of the working age population. Of this 12 million, some 6 million are ‘mild under-savers’.

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