Warning over pension contributions

AOL Money Staff
Coins in hand
Coins in hand

Millions of employees due to be enrolled in workplace pension schemes for the first time are becoming less willing to put money into them despite concerns about a shortfall in contributions, figures show.

A report from Scottish Widows finds those facing auto-enrolment under a landmark Government scheme are prepared to save just £51 each month towards retirement savings, a fall of 24% compared to last year when the figure was £67.