Scheme 'to boost pensions take-up'

Press Association
Updated
Ian Duncan Smith
Ian Duncan Smith

More than half a million people will be newly saving into a workplace pension by Christmas due to a landmark initiative to automatically place employees into schemes, the Government has said.


The Department for Work and Pensions said that around 600,000 more people will be saving into a pension for the first time by the festive period, and by May 2015 some 4.3 million more people will be saving for their retirement.
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