With the gloomy news that those born in the 60's and 70's are going to be a lot less well off in retirement than the previous generation, it is good to note that more than two million workers have begun pension automatic enrolment, according to figures released today by The Pensions Regulator.
Automatic enrolment began in October 2012 and is rolling out from the largest to the smallest employers across the UK. All employers, including charities and the public sector, will eventually need to assess their workforce and automatically enrol eligible workers into a pension scheme.
This month’s automatic enrolment registration report shows that more than 3,500 employers have now joined the workplace pensions revolution and submitted an online declaration of compliance by completing registration with The Pensions Regulator.
Automatic enrolment began in October 2012 and is rolling out from the largest to the smallest employers across the UK. All employers, including charities and the public sector, will eventually need to assess their workforce and automatically enrol eligible workers into a pension scheme.
This month’s automatic enrolment registration report shows that more than 3,500 employers have now joined the workplace pensions revolution and submitted an online declaration of compliance by completing registration with The Pensions Regulator.
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