More people signed up for a workplace pension

Pension auto-enrolment was introduced in early 2018 and since then, the number of people in a workplace pension scheme is up 29 percentage points compared to 2012. According to data from the Office for National Statistics out in April, 76 per cent of employees were signed up to a workplace pension in 2018, up from 73 per cent in 2017 and 47 per cent in 2012 when auto-enrolment was first introduced.

In 2018, more than three-quarters (76%) of UK employees were members of a workplace pension scheme. This was an increase of 3 percentage points compared with 2017 (73%) and a 25 percentage points increase when compared with 10 years earlier (2008) when only just over half (51%) of all UK employees were members of a current workplace pension scheme.

Interestingly, the figures also revealed a higher proportion of women than men are now members of workplace pension schemes.

You can see the full results of the research from the Office for National Statistics here.

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