New pensions could almost double

Press Association
DWP
DWP

The next generation of employees could almost double their pension provision due to plans to automatically enrol up to nine million people into workplace schemes, Government research has found.

Median average private pension income could rise to between £153 and £195 a week by 2070 as a result of automatic enrolment, predicts the Department for Work and Pensions (DWP).