NEST's actively-enrolled female member total defies 'assumed logic'

Women make up 54% of 'active-enrollers'

Victoria McKeever
clock • 1 min read

About a quarter of a million people have made an active choice to enrol in NEST with women making up more than half (54%) of 'active-enrollers' - a fact that "flies in the face of assumed logic", said Vanguard's William Allport.

The active-enroller statistic was part of recent Vanguard research conducted with NEST Insight, the workplace pension scheme's in-house think-tank. The inaugural How the UK Saves report, analysed the experience of NEST's six million-plus members. While it found the overwhelming majority (92%) of members were automatically enrolled into NEST, just less than a tenth (8%) - equivalent to more than 250,000 million people - had actively chosen to participate in the scheme. "This is still a significant proportion of people," said senior retirement strategist Allport. Women made up more t...

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