Auto enrolment into Workplace Pensions six years on - a success?

Auto enrolment into Workplace Pensions six years on – a success?

There is absolutely no doubt that pension savings have grown after six years of Automatic Enrolment, but more progress is required to provide most people with better information about what they actually have , how it is invested and how exactly to provide themselves with adequate funds for retirement. Automatic enrolment has clearly sharply reversed the downward trend in Workplace Pension membership, which hit a low of 55% in 2012. Membership was at 84% in 2017 according to the Department for Work and Pensions….