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star this property registered interest false more like this
star this property date less than 2019-04-08more like thismore than 2019-04-08
star this property answering body
Department for Work and Pensions more like this
star this property answering dept id 29 more like this
unstar this property answering dept short name Work and Pensions more like this
star this property answering dept sort name Work and Pensions remove filter
star this property hansard heading Workplace Pensions more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons remove filter
star this property question text To ask the Secretary of State for Work and Pensions, what proportion of people who have benefited from pensions auto-enrolment are (a) women and (b) men. more like this
star this property tabling member constituency Faversham and Mid Kent more like this
star this property tabling member printed
Helen Whately more like this
star this property uin 242219 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 2019-04-16more like thismore than 2019-04-16
star this property answer text <p>10.4 million workers have been automatically enrolled into workplace pension by more than 1.4 million employers. By 2019/20 an estimated extra £18.6 billion a year is estimated to go into workplace pensions as a result of Automatic Enrolment. Automatic Enrolment has reversed the decline in workplace pension saving.</p><p> </p><p>Automatic Enrolment was designed specifically to help groups who historically were poorly served or excluded from workplace pension saving, such as women and lower earners. It is equalising workplace pension participation among eligible men and women. In 2017, 81 per cent of eligible men and 80 per cent of eligible women in the private sector were saving into a workplace pension. This compares with 43 per cent and 40 per cent respectively in the private sector in 2012.</p><p> </p><p>The Government’s 2017 review of Automatic Enrolment <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/668972/print-ready-automatic-enrolment-review-2017-maintaining-the-momentum.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/668972/print-ready-automatic-enrolment-review-2017-maintaining-the-momentum.pdf</a></p><p>set out our ambition for the mid-2020s, with proposals to strengthen financial resilience for traditionally excluded groups including women.</p>
star this property answering member constituency Hexham more like this
star this property answering member printed Guy Opperman more like this
star this property question first answered
remove filter
star this property answering member
4142
star this property label Biography information for Guy Opperman more like this
star this property tabling member
4527
unstar this property label Biography information for Helen Whately remove filter