Workplace Pensions

(asked on 16th September 2021) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, if she will make an estimate of the proportion of employees automatically enrolled in a workplace pension scheme who are likely to reach a moderate lifestyle in retirement as defined by the Pensions and Lifetime Savings Association's Retirement Living Standards.


Answered by
Guy Opperman Portrait
Guy Opperman
Parliamentary Under-Secretary (Department for Work and Pensions)
This question was answered on 21st September 2021

This Government is focussed on its goal of expanding the benefits of automatic enrolment in the mid-2020s, increasing the overall amounts being saved by working people, and extending the benefits of workplace pensions to younger workers. I welcome the PLSA standards as a contribution to the debate.

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Recent Documents related to Workplace Pensions

1. Automatic enrolment evaluation report 2019
24/02/2020 - Department for Work and Pensions
- View source

Found: research carried out by the Department for Work and Pensions © Crown copyright 2020 . You may re -use

2. Automatic enrolment evaluation report 2018
18/12/2018 - Department for Work and Pensions
- View source

Found: research carried out by the Department for Work and Pensions © Crown copyright 2018. You may re-use

3. Workplace Pensions: FAQs for MPs
04/09/2019 - Parliamentary Research

Found: BRIEFING PAPER Number 8653, 4 September 2019 Workplace Pensions: FAQs for MPs By David Hirst, Djuna Thurley

4. Pensions: Automatic enrolment - current issues
04/02/2019 - Parliamentary Research

Found: BRIEFING PAPER Number CBP-06417, 4 February 2019 Pensions: automatic enrolment - current issues By Djuna

5. Pensions and long-term savings trials for self-employed people
28/03/2019 - Department for Work and Pensions
- View source

Found: Enabling retirement savings for the self- employed: pensions and long term savings trials December

Latest Documents
Recent Speeches related to Workplace Pensions

1. Guaranteed Minimum Pensions Increase Order 2019
14/02/2019 - Lords Chamber

1: I shall be brief. The Guaranteed Minimum Pensions Increase Order 2019 deals with an entirely technical - Speech Link

2. Automatic Workplace Pension Enrolment
25/06/2018 - Lords Chamber

1: arising from the 2017 review of automatic workplace pension enrolment; and what is the proposed timetable - Speech Link
2: million individuals to have been automatically enrolled into a workplace scheme by their employer. In topical - Speech Link

3. Automatic Enrolment (Offshore Employment) (Amendment) Order 2020
19/05/2020 - Lords Chamber

1: speak also to the draft Occupational and Personal Pension Schemes (Automatic Enrolment) (Amendment) Regulations - Speech Link

4. Future of Pensions Policy
08/12/2020 - Westminster Hall

1: That this House has considered the future of pensions policy.It is an honour to serve under your - Speech Link

5. Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2021
25/02/2021 - Lords Chamber

1: enrolment earnings thresholds required by the Pension Act 2008. The review considered the earnings trigger - Speech Link

Latest Speeches
Recent Questions related to Workplace Pensions
1. Workplace Pensions: Standards
asked by: Baroness Altmann
08/06/2021
... if automatic enrolment scheme members are contributing to a pension scheme which is unsuitable for them.

2. State Retirement Pensions
asked by: Luke Pollard
15/02/2021
... whether he has plans amend his policies on the triple lock on state pensions.

3. State Retirement Pensions
asked by: Hywel Williams
08/02/2021
... what steps her Department is taking to ensure that all those entitled to a UK state pension receive the full rate of that pension regardless of their country of residence.

4. State Retirement Pensions
asked by: Colleen Fletcher
26/04/2021
... (b) Coventry and (c) England; and what steps she is taking to tackle the gender pension gap in each of those areas.

5. State Retirement Pensions
asked by: Wendy Chamberlain
20/04/2021
... how many (a) men and (b) women are receiving the new state pension; and how many and what proportion of those people receiving that benefit are receiving an amount in respect of a deceased spouse or civil partner.

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