Question to the HM Treasury:

To ask Her Majesty’s Government what estimate they have made of the cost of extra tax relief due to lower than expected opt-out rates from workplace automatic enrolment in the tax years (1) 2013–14, (2) 2014–15, and (3) 2015–16.

Estimates are not available for the extra tax relief due to lower than expected opt-out rates from workplace automatic enrolment. However, the Government remains committed to supporting people saving for retirement.

Automatic Enrolment has produced a significant change in private pension saving and has already reversed the decline seen in the decade prior to its introduction. As at the end of February, over 7.5 million people had been enrolled into a workplace pension.