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.
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
Supported in partVerified against the source
- 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
Verification¶
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