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Automatic enrolment in pensions - a successful behavioural nudge?

Geoff Riley

10th May 2018

The ONS has published a series of data tweets supporting the view that the introduction of auto-enrolment into workplace pension schemes has been a success in increasing the number of people with an occupational pension. I've added them to this blog in part because there is a clear step change in pension participation, the longer term effects remain to be seen. Many people contribute at low levels so for them, it is unlikely to be a game changer in terms of their real living standards once retired. But as a famous advertising slogan once said, "every little helps"!

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.


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