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Insider – March 2018

One million firms comply with auto-enrolment.
The number of employers that have complied with
auto-enrolment passed one million for the first time in
January 2018.

Data released by The Pensions Regulator showed the total number of employers to have completed their declaration of compliance stood at 1,032,567 in the first month of 2018.

More than 600,000 employers complied with their duties in the last 12 months, although around 150,000 have until the June 2018 deadline to enrol their staff.

Guy Opperman, minister for pensions and financial inclusion, said:

“With one million employers enrolling their staff into a workplace pension, we are creating a nation of responsible employers who are reassuring their workforce that with their support, they will have a secure retirement.

“Clearly this would not have been possible without the hard work and continued support of employers across the UK.”

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