AE reaches half a million employers but many more still to sign up, TPR

7.6 million workers now saving for retirement

Hannah Godfrey
clock • 1 min read

There are now 503,178 employers set up for auto-enrolment, but almost twice as many have yet to meet their duties, latest figures from The Pensions Regulator (TPR) have shown.

TPR said in the first three months of 2017 alone, 136,000 small and micro employers complied with their responsibilities under the Pensions Act, amounting to one every 57 seconds. A further 600,000 employers have compliance responsibilities that begin this year. However, about 800,000 to 900,000 UK employers still have automatic enrolment duties to meet, the regulator warned. Executive director of automatic enrolment Charles Counsell said: "Some employers may see becoming compliant as a challenge but we have written to each of them and are here to help them to meet their responsibi...

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