AE extensions could boost young adults' savings by over £100bn

People’s Partnership calls for cross-party agreement for implementation of AE reforms

Martin Richmond
clock • 2 min read
AE extensions could boost young adults' savings by over £100bn

The extension to the provisions of auto-enrolment (AE) could add more than £100bn to the pension savings of young people over the course of their working lives, research from People’s Partnership has shown.

The research from the provider of the People's Pension modelled the impact of the extension to AE by taking the additional contributions of £400m a year for workers aged 18 to 21 years old, as was ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

XPS finds wide disparities across UK LTAF market

XPS finds wide disparities across UK LTAF market

Research finds gap of around 5% p.a. between LTAFs with highest and lowest returns

Martin Richmond
clock 16 September 2026 • 2 min read
Updated: DWP urged to use 2028 as a 'true test' phase for VfM framework

Updated: DWP urged to use 2028 as a 'true test' phase for VfM framework

Industry says schemes should not be permitted to ‘mark their own homework’

Martin Richmond
clock 14 September 2026 • 9 min read
SPP calls for greater clarity on scope of VfM framework

SPP calls for greater clarity on scope of VfM framework

SPP supports phased implementation to ease the burden on schemes and providers

Martin Richmond
clock 11 September 2026 • 2 min read
Trustpilot