Since the coalition came to power in 2010, Steve Webb has been charged with the task of implementing auto-enrolment. Helen Morrissey spoke to the pensions minister about the first year of AE and challenges that lie ahead
1. We’re now a year into auto-enrolment. How do you feel it has gone so far? I think the first year has been an extraordinary success. Many people were sceptical that employees would reject it and that firms would not cope. In fact, what we’ve seen is well over a million people who are in workplace pensions this year who were not this time last year. Given that we’ve had decades of decline that’s a tremendous achievement. I think employers, the pensions industry and, dare I say it, the government, deserves a bit of credit. I call this a quiet revolution. There has been almost no fuss ...
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