Topic updates
Automatic enrolment in pensions - a successful behavioural nudge?
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"!
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