The number of employers that have complied with their automatic-enrolment (AE) duties is set to pass the one-million mark this month, according to Hargreaves Lansdown.
Data from The Pension Regulator (TPR) showed that 983,446 employers had completed their AE duties by December 2017. As such, points out Hargreaves Lansdown, the number of employers currently engaging in the staging process and compliant with their AE duties can be expected to pass one million this month. Meanwhile, recently published Department for Work & Pensions figures showed almost eight million people are now saving into a workplace pension through AE. Hargreaves Lansdown head of policy Tom McPhail said AE had been a "remarkably successful" policy, although he warned more work w...
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