Contributing to a pension is now business as usual for UK workers but self-employed remain tough nut to crack

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Helen Morrissey, Personal Finance Specialist
Helen Morrissey

Corporate PR Specialist – Long Term Savings

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Helen Morrissey, pension specialist at Royal London comments on the publication of the Automatic Enrolment Evaluation Report 2019.

“There is plenty to be positive about in this report.  Because of auto-enrolment we now have 18.7m eligible employees investing into a pension and opt out rates remain low.

"Putting money into a pension is becoming business as usual for the working population and government must build on this by looking at how contribution rates can be increased further. However, encouraging the self-employed into pensions remains a tough nut to crack and we need innovative thinking on how we can boost engagement among this group.”

-ENDS-

For further information please contact:

Helen Morrissey, Corporate PR Specialist – Long Term Savings

About Royal London:

Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £139 billion, 8.6 million policies in force and 4,348 employees. Figures quoted are as at 30 June 2020.