Savings habit evident as Nest records few opt outs from AE rate hike

James Phillips
clock • 2 min read

Just a minority of Nest members opted out of their pensions in the immediate aftermath of the second phased auto-enrolment (AE) contribution increase, the master trust reveals.

An analysis of Nest's nine million members found that opt-out rates had increased by only three percentage points last April, from 6% to 9%. This was at the time minimum employee AE contributions r...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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