Occupational Pensions

(asked on 30th March 2017) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what assessment he has made of the effect of planned increases in minimum contributions on the level of automatic enrolment opt-outs.


This question was answered on 18th April 2017

Automatic enrolment is a programme that is working: 7.5 million individuals have already been automatically enrolled into a workplace pension by over 464,000 employers. Due to lower than expected opt-outs the opt-out assumption over the duration of the programme has been revised from 28% to 15%. We continue to monitor the position as roll-out continues.

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