DWP reveals 'true' opt-out rate and other surprising facts from its AE review

Although the report drew together and summarised existing data from The Pensions Regulator (TPR), the National Employment Savings Trust (NEST) and the Office of National Statistics (ONS), there were one or two snippets of information that might surprise readers. Below we have gathered the top five surprising stats from the report. 1/5 This is average number of workers who leave their scheme after the opt-out period, as a proportion of the initial opt-out rate. So, if a firm's opt-out rate was the average 9%, it could expect additional scheme exits from another 1.8% of its workforce...