Workplace pension saving continues to rise - latest DWP figures

84% eligible employees participating

Hannah Godfrey
clock • 2 min read

More than 80% of eligible employees contributed to a workplace pension in 2017, according to latest government figures.

Statistics from the Department for Work and Pensions (DWP) showed 84% of workers who qualified to be in a workplace pension actively took part last year. This was an increase of 7% on 2016 when 77% had saved into a workplace pension, it said. This compares to between 2007 and 2012, when there was a general downward trend in workplace pension participation, from 60% to a low of 55%. However, since 2012, when auto-enrolment came into force, participation has steadily increased. To date, more than 9.6 million workers have been automatically enrolled, and some 1.2 million employers have m...

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

State pension age review: Govt launches call for evidence

State pension age review: Govt launches call for evidence

UK faces long-term demographic pressures

Jenna Brown
clock 18 August 2025 • 2 min read
'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

After PensionBee calls for a legally enforceable transfer guarantee

Sahar Nazir
clock 18 August 2025 • 2 min read
FCA to crack down on life insurers with 'slower' pension transfer service times

FCA to crack down on life insurers with 'slower' pension transfer service times

Regulator warns slow pension transfers risk harming client outcomes

Isabel Baxter
clock 15 August 2025 • 5 min read