Workplace Pension Participation and Savings Trends of Eligible Savers

Department for Work and Pensions. (2021). Workplace Pension Participation and Savings Trends of Eligible Savers: 2009 to 2021.

Type

Report

Intellectual base

Grey literature

Year

2021

Link

no authoritative link yet

Cited by

1 citation across 1 artifact.

Domain-specific

• Default Effect
  • Participation among eligible employees rose from around half before the reform to roughly 88%, with opt-out rates staying low — a durable, population-wide increase in retirement saving achieved without compelling anyone to save, simply by making enrolment the no-action outcome rather than an action the worker had to initiate

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