AE to cover 18 million workers by end of 2013

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More than 18 million workers will have passed through the auto-enrolment process by the end of next year, latest figures from The Pensions Regulator (TPR) forecast.

The figure includes workers who are already members of workplace pension schemes, but whose eligibility for auto-enrolment will be processed by their employer. Two million workers are expected to be enrolled before the end this year, as a hundred large companies reach their staging dates. This will be followed by 16.15 million next year. The biggest push is likely to be spring next year, when about 500 firms are scheduled to begin auto-enrolling staff. About a third of all scheduled enrollment will take place in March and April 2013. A TPR spokesman said the organisation has writt...

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