Increasing savings in automatic enrolment

Document type
Report
Author(s)
Adams, John; Pike, Tim
Publisher
Pensions Policy Institute
Date of publication
3 June 2019
Subject(s)
Older Adults, Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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Automatic enrolment has substantially increased the number of active pension savers. However the minimum contribution levels may not be sufficient to provide an income in retirement that will maintain living standards for retirees. Policy or scheme approaches to increasing contributions can improve the likelihood of better outcomes for retirees.

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