Automatic Enrolment: 5 reasons why your younger workers shouldn’t miss out

Automatic Enrolment: 5 reasons why your younger workers shouldn’t miss outNew research has shown that whilst many more people are saving for retirement, younger workers are still lagging behind. The research from Scottish Widows has shown that just two years in, Automatic Enrolment looks to be succeeding in helping more people save for retirement. According to the report:   50% of people earning between £10,000 and £30,000 a year are now saving adequately for retirement, up from 34% in 2012 The number of people aged between 30 and 49 saving enough for retirement has ...

Automatic Enrolment: Is the glass half full or half empty?

Auto EnrolmentSince October 2012 larger companies have begun the process of automatically enrolling their staff into workplace pensions. Earlier this week, The Pensions Regulator released new figures which showed 3,670 companies have now automatically enrolled their staff, resulting in millions more people saving towards their retirement. But depending on how you look at the figures the glass is distinctly half empty for some employees. According to The Pensions Regulator, over two million workers have now begun to save into a pension as ...