DWP: Half of employers support auto-enrolment

Its findings have been released as the government conducts a widespread consultation on workplace pensions reform. Already, several leading pension providers, think-tanks and advisers have issued concerns about the current proposals but the DWP has today published results of a survey saying the scheme is widely supported. DWP minister Lord Freud says: "With only around half of employees saving into a workplace pension, our planned reforms are needed to prevent millions of Britons facing a penny-pinching retirement. "It is encouraging that, despite the recession, the majority of emp...