AE exceeding expectations but risks remain, says NAO

More enrolment little use if it doesn't lead to higher retirement incomes, body suggests

clock

Automatic enrolment (AE) has been more successful than expected yet the industry cannot be complacent says the National Audit Office (NAO).

In its report, Automatic enrolment to workplace pensions, the NAO found low opt-out rates, and that the numbers of savers in workplace pensions and employers complying with regulation had beaten forecasts.  However, NAO head Amyas Morse warned the main players in the sector could not rest on their laurels. He said: "The Department for Work and Pensions (DWP), The Pensions Regulator (TPR) and The National Employment Savings Trust (NEST) have worked closely together to introduce the automatic enrolment programme. "They all have a clear understanding of their roles and the programme h...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

'While this policy alters the landscape, it arguably represents an adjustment rather than a fundamental reform'

Steve Charlton
clock 22 December 2025 • 3 min read
Utmost to sell life and pensions business to JAB Insurance

Utmost to sell life and pensions business to JAB Insurance

To focus on wealth solutions business

Jen Frost
clock 22 December 2025 • 2 min read
Editor's view: How disjointed is the government's salary sacrifice change?

Editor's view: How disjointed is the government's salary sacrifice change?

The editor's Friday Night Takeaway from 19 December

Jen Frost
clock 19 December 2025 • 3 min read