More than ten million UK workers have been enrolled into occupational pensions since the introduction of automatic enrolment (AE) in 2012, according to figures released by The Pensions Regulator on 11 February, reports Maria Espadinha for FT Adviser
. She quotes Amber Rudd, secretary of state for work and pensions, who said that AE “is an extraordinary success story”.
“Workplace pensions had fallen out of fashion and were seen as the preserve of older, wealthier people. Now saving is the norm across the UK, wherever you work.”
CISI members can sign in to continue reading