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TUC welcomes spread of pension saving as a result of auto-enrolment

Commenting on new research published yesterday (Tuesday) by the Department for Work and Pensions showing that three quarters of the population are aware of automatic enrolment into workplace pensions, TUC General Secretary Frances O’Grady said: 

“The success of auto-enrolment and the spread of pension savings is a continuing good news story.

“Compelling employers to contribute to pensions is another trade union policy – like the minimum wage – that started off as a controversial burden on business but has now gone mainstream.

“But while we should celebrate the spread of pension savings, contributions are not enough to deliver the retirement income people need and must rise.” 

NOTES TO EDITORS:
- The DWP research is available at https://www.gov.uk/government/uploads/system/uploads/attachment_data/fil...
- All TUC press releases can be found at www.tuc.org.uk
- Follow the TUC on Twitter: @tucnews
- Congress 2014 will be held in the BT Convention Centre, Liverpool, from Sunday 7 September to Wednesday 10 September. Free media passes can be obtained by visiting www.tuc.org.uk/media-credentials and completing an online form. Applications must be in by noon on Wednesday 27 August. Any received later than that will be processed in Liverpool and will cost £75.

Contacts:
Media enquiries:
Liz Chinchen   T: 020 7467 1248    M: 07778 158175    E: media@tuc.org.uk
Rob Holdsworth    T: 020 7467 1372    M: 07717 531150     E: rholdsworth@tuc.org.uk
Tim Nichols   T: 020 7467 1337   M: 07876 452902   E: tnichols@tuc.org.uk

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