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 ...

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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