Automatic Enrolment: Opt-out rate predictions slashed as 11 million are enrolled

Automatic Enrolment: Opt-out rate predictions slashed as 11 million are automatically enrolledThe Government has dramatically cut its prediction for the number of employees opting out of Automatic Enrolment. Over the course of the next few years, all employers will have to automatically enrol any workers over the age of 22, who earn more than the weekly or monthly equivalent of £10,000 per year. Employees can choose to opt-out, reducing their pension in retirement. Estimates of opt-out rates have varied considerably....