Calls for AE reform with low earners losing £122m

Scottish Widows is calling for hard-hit savers to be able to opt-out while still receiving employer contributions

Hope William-Smith
clock • 1 min read
Scottish Widows head of policy Pete Glancy
Image:

Scottish Widows head of policy Pete Glancy

Low-paid pension savers under increased pressure from the Covid-19 pandemic should be able to opt out of auto-enrolment (AE) and still receive employer contributions, Scottish Widows says.

The latest Scottish Widows Retirement Report - published today (7 July) - found workers earning between £10,000 and £20,000 per annum who lost income during the pandemic had missed out on around £1...

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