Auto-enrolment was introduced to ‘nudge’ people into retirement saving. Employees can opt out, but statistics continue to show that opt-out rates are low. However, they are higher in smaller firms than larger firms.
Blog author: Jamie Jenkins
Jamie has worked in financial services for over 25 years, focusing predominantly on pensions, where he is involved in Product Development, Policy and Strategy for Standard Life. Jamie is a frequent speaker and press commentator on developments in the pensions market, and also blogs regularly.