Enforced saving could be next step

Press Association
Piggy bank
Piggy bank

The next generation of workers may need to be forced into pension saving if automatic enrolment into schemes fails to generate enough take-up, a think-tank has suggested.

A report from the Social Market Foundation (SMF) looked at how savings policies may need to evolve over the next 20 years in order to deal with people living for longer and taking on more debt earlier in life.