AE contributions to hit £17bn in 2020

James Phillips
clock • 2 min read

Auto-enrolled employees will be putting aside £8bn of savings for retirement by the 2019/20 financial year, according to the Department for Work and Pensions (DWP).

The department's analysis, published 13 October, shows another £6.4bn will be saved through employer contributions, and a further £2.5bn from tax relief, making a grand total of £16.9bn. The DWP...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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