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

Partner Insight: Should pension education become as routine as health and safety training?

Partner Insight: Should pension education become as routine as health and safety training?

L&G's Building Future You workplace pilot explores whether retirement adequacy can be supported by treating pension education as a workplace responsibility.

L&G
clock 23 October 2026 • 4 min read
Nest surpasses £2bn in commitments to HarbourVest PE strategy

Nest surpasses £2bn in commitments to HarbourVest PE strategy

Milestone comes as IFM Investors agrees to buy majority stake in ABP

Jonathan Stapleton
clock 21 October 2026 • 3 min read
Mansion House Accord private capital allocations rise to 6.6% of DC assets

Mansion House Accord private capital allocations rise to 6.6% of DC assets

Industry says momentum dependent on pipeline; private capital firms lament current level of compact progress as ‘disappointing’

Jonathan Stapleton
clock 21 October 2026 • 5 min read
Trustpilot