Where to next? Looking to the future after ten years of auto-enrolment

The Department for Work and Pensions' (DWP) 2021 Workplace pension participation & savings trends report showed almost nine in ten eligible pension savers - just under 14 million people - are participating in a workplace scheme. The figure proves a steady increase since 2012 is being maintained, as only four in ten people had workplace savings when AE was first brought in exactly a decade ago. Overall participation of eligible employees is around 88%, an increase Legal & General commercial director of workplace savings Katherine Photiou says "cannot be underestimated". While its likel...