Government called on to raise AE contribution level

Report from B&CE warns millions are facing a basic retirement

Martin Richmond
clock • 2 min read
People are not contributing enough towards their retirment
Image:

People are not contributing enough towards their retirment

The government must reassess the auto-enrolment (AE) contribution level as pension savers may think they are saving enough for retirement, B&CE says.

In a report yesterday (23 March), the provider of The People's Pension said an alarming number of people are only making the minimum contributions towards their retirement, which is not enough. ...

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Martin Richmond
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Martin Richmond

Reporter at Professional Pensions

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