Nearly nine in 10 eligible workers were saving into a workplace pension by the end of 2018, with £90.4bn of contributions put aside for retirement, government statistics reveal.
Auto-enrolment (AE), and re-enrolment, increased the number of participating employees by three percentage points to 87% over the 12-month period. The Department for Work and Pensions' (DWP) latest...
Lane Clark & Peacock partner Steve Webb has called on the treasury to relax rules which could act as a barrier to people aiming to rebuild their pension pots when the Covid-19 crisis is over.
Market volatility means inaccurate CETVs
Nearly £1m lost already
Break in contributions not ruled out
Adds £60m of assets
Up to £2,500 a month