More than 80% of eligible employees contributed to a workplace pension in 2017, according to latest government figures.
Statistics from the Department for Work and Pensions (DWP) showed 84% of workers who qualified to be in a workplace pension actively took part last year. This was an increase of 7% on 2016 when 77% had saved into a workplace pension, it said. This compares to between 2007 and 2012, when there was a general downward trend in workplace pension participation, from 60% to a low of 55%. However, since 2012, when auto-enrolment came into force, participation has steadily increased. To date, more than 9.6 million workers have been automatically enrolled, and some 1.2 million employers have m...
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