'Truly transformative' AE policy brings 10 million into pensions

This is one year ahead of the Department for Work and Pensions' (DWP) estimation that AE would hit the 10 million mark by 2020. Today's (11 February) announcement also means that one million more people have been enrolled since December 2017. The programme concluded its final stages of roll out in February last year, while contributions rose from a total minimum of 3% to 5% in April 2018. This will jump again to 8% in April this year, with 5% minimum employee contributions. In an exclusive comment piece for PP, pensions and financial inclusion minister Guy Opperman said it is time to ...