4.4 million extra people saving into workplace pensions

4.4 million extra people saving into workplace pensions

The latest figures from the Department for Work and Pensions (DWP) show that since 2012, the number of people saving into a workplace pension has increased by 4.4 million. This means that by 2015 – the latest date for which data is available – nearly seven million people saved more than £82 billion in to workplace pension schemes since the scheme was launched in 2012, Read more…

Workers say ‘We’re in’ to auto-enrolment

Workers say ‘We’re in’ to auto-enrolment

Over 90 per cent of people placed in a workplace pension under the auto-enrolment initiative are staying in, according to new research. The Department for Work and Pensions (DWP) revealed the figure on 8 August, as part of research carried out with the 50 biggest employers to join the automatic enrolment programme. The findings also suggest that young people are leading the way in the Read more…