Private sector employee contributions fall to lowest level since 2018

Research finds employee contributions make up over a quarter of private sector savings

Martin Richmond
clock • 2 min read
The £18.3bn in employee contributions last year were the lowest since 2018
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The £18.3bn in employee contributions last year were the lowest since 2018

The contributions made by private sector employees into their pension pots have fallen to the lowest level since 2018, research from Broadstone has revealed.

The consultancy's analysis of figures published by the Department for Work and Pensions (DWP), found the total annual savings decreased for the third year in a row, as annual savings peaked at £66b...

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