Few opting out of pension scheme

AOL Money Staff
couple with deckchairs
couple with deckchairs

Nine out of 10 people who have been placed into a workplace pension are staying in, according to the first official indication of the success of landmark reforms to tackle the retirement savings crisis.

Just 9% of people have so far opted out of the Government's automatic enrolment programme after being placed in a pension scheme by their employer, Department for Work and Pensions (DWP) research found.