Auto-enrolment may create 6m savers

Automatic enrolment into pension schemes could create an extra six million people saving, generating £12.5 billion annually to the retirement pot by 2017, research from Standard Life has suggested.

The Keep on Nudging report, developed with academics from the University of Edinburgh, was based on a survey of more than 600 employees who represented the "squeezed middle", earning £18,000 to £45,000 a year.