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Automatic Enrolment Revolutionises Pension Saving

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Thursday, 10 February, 2022
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A decade ago we introduced automatic pension enrolment. In Suffolk Coastal 11,000 workers now have a pension pot helping make them more financially resilient - with the scheme being taken up by 2,340 employers. Overall, participation in workplace pensions has risen from 42 percent in 2012 to 86 percent.

Therese said: "Automatic enrolment has truly revolutionised pension saving in the UK. More than 10 million people have been enrolled into a workplace pension, with an additional £28.4 billion per year being saved since 2012."

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