Pensions: new auto-enrolment report

The Department for Work and Pensions has published its annual automatic enrolment evaluation report. The report uses the latest available research and analysis from a range of sources to show what has happened since automatic enrolment began. Key findings in the 2014 report include:

  • Up to the end of September 2014, more than 4.7 million workers had been automatically enrolled across nearly 34,000 employers.
  • The level of opt out has been broadly consistent since automatic enrolment began in 2012 at around 10%.
  • The factor that had the largest effect on opt-out rates was age, with older employees more likely to opt out than younger employees.