Advertisement

  1. National

Pension reform to boost take-up

The largest shake-up of the pension system in more than a century will mean more than half a million people will be saving for one for the first time by Christmas, according to the Government. Employees are to be automatically enrolled into schemes.

View all 10 updates ›

Duncan Smith: '11 million people don't save enough for retirement'

11 million people in the UK don't save enough for their pension at the moment according to Iain Duncan Smith:

Saving in pensions is falling dramatically, and that means that people will be retiring without the right savings. 11 million people don't save enough for their pension at the moment.

– Iain Duncan Smith, Work and Pensions Secretary

More on this story