DWP: Three-quarters of eligible workers persistently saving

James Phillips
clock • 3 min read

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Contribution

Guided retirement defaults risk excessive complexity for savers, IFoA research finds

Guided retirement defaults risk excessive complexity for savers, IFoA research finds

Latest research favours ‘flex and fix’ and R-CDC, not drawdown

Alex Levy
clock 23 September 2026 • 2 min read
Partner Insight: Good governance in an AI-enabled world

Partner Insight: Good governance in an AI-enabled world

Sharon Bellingham, Master Trust Lead, Scottish Widows
clock 23 September 2026 • 6 min read
Partner Insight: Closing the gap - why UK pension schemes can't afford to sit out private markets

Partner Insight: Closing the gap - why UK pension schemes can't afford to sit out private markets

As policy tailwinds strengthen the UK's private markets opportunity, Federated Hermes' private markets specialists explain why they believe pension schemes are still leaving returns on the table.

Federated Hermes
clock 23 September 2026 • 4 min read
Trustpilot