Around three quarters of eligible private sector employees saved into a workplace pension in at least three of the last four years, data from the Department for Work and Pensions (DWP) has shown.
However, this fell over 2016, despite the ongoing rollout of automatic enrolment (AE), leading to a "persistency" rate of 74% down one percentage point. Nevertheless, the number of private secto...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders