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<p>The Department’s review of automatic enrolment (AE), <em>Maintaining the Momentum,</em>
published in December 2017 sets out the Government’s position in regard to the self-employed
and retirement saving. The review report can be viewed at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/668971/automatic-enrolment-review-2017-maintaining-the-momentum.PDF"
target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/668971/automatic-enrolment-review-2017-maintaining-the-momentum.PDF</a></p><p>
</p><p>The self-employed represent a highly diverse group of around 15% of the workforce
amongst whom pension coverage varies significantly. Our review recognised that a significant
proportion of the 4.8m self-employed individuals in the UK have good levels of saving
and preparation for later life – but many groups are under saving, or at risk of under
saving for retirement</p><p> </p><p>Compulsion would be an indiscriminate way of tackling
this challenge. It would also fail to maximise behavioural learning from automatic
enrolment, or recognise personal choice.</p><p>As the AE review sets out, our approach
is based on applying learning from the principles and the successful roll-out of automatic
enrolment to appropriately target interventions and understand what works. During
this year, we have committed to test targeted interventions, following feasibility
work – before setting out proposals to implement workable solutions at scale.</p>
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