A bill to extend pension auto-enrolment to those aged 18 and over and remove a lower earning threshold immediately received Royal Assent after passing its third reading yesterday (18 September).
Economics research institute The Institute of Fiscal Studies (IFS) has reported almost a fifth of working-age private sector employees (around 3.5 million people) do not do any pension saving each...
The cost of living crisis is having a profound impact on individuals across the country.
A rise in the number of people retiring early is the main reason for joblessness among older people in the UK.
Young workers aged between 16 to 21 in the private sector are participating in workplace pension schemes at a much lower rate than their public sector counterparts.
Yesterday (5 January) Conservative MP Richard Holden put forward a Private Member’s Bill to extend pensions auto-enrolment to 18-year-olds and those in part-time or low-paid work.