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star this property registered interest false more like this
star this property date remove filter
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Department for Work and Pensions more like this
star this property answering dept id 29 more like this
star this property answering dept short name Work and Pensions more like this
star this property answering dept sort name Work and Pensions more like this
star this property hansard heading Workplace Pensions more like this
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Work and Pensions, what steps his Department plans to take to ensure that employees who initially opted out of the automatic enrolment into pension provision are informed of the importance of revising of their individual pension status. more like this
star this property tabling member constituency East Londonderry more like this
star this property tabling member printed
Mr Gregory Campbell more like this
star this property uin 27857 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2016-02-26more like thismore than 2016-02-26
unstar this property answer text <p>Automatic enrolment has been a great success to date. Since the roll out of automatic enrolment, nearly 6 million people have been automatically enrolled into a workplace pension. Only 10% of individuals that have been automatically enrolled so far have chosen to opt out. This is one of the key indicators of the policy’s success in increasing participation in pension saving.</p><p> </p><p>Individuals who have opted out of automatic enrolment and have subsequently changed their mind can discuss with their employer how to opt back in. Furthermore, employers are required by law to automatically re-enrol eligible workers every three years. This prompts individuals to periodically reconsider their saving arrangements. Employers also have duties to provide certain information to their workers within prescribed time limits.</p><p> </p><p>In addition, the national communications campaign<em>, Don’t Ignore the Workplace Pension,</em> raises awareness of pension saving among both employees and employers, and promotes the idea that saving in a workplace pension is normal. The campaign directs individuals to the campaign website, The Pension Regulator’s website, and the relevant gov.uk website.</p>
star this property answering member constituency North Swindon more like this
star this property answering member printed Justin Tomlinson more like this
star this property question first answered
remove filter
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4105
star this property label Biography information for Justin Tomlinson more like this
star this property tabling member
1409
unstar this property label Biography information for Mr Gregory Campbell more like this