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22 July, 2016

Workers up their pensions saving by a fifth to top £9BILLION a year as rising numbers are auto-enrolled into workplace schemes


Pension contributions made by UK workers topped £9 billion last year, up nearly a fifth compared to the 2010/11 tax year. 


At £9.3 billion, it was the second-highest inflow since records began in 1990/91 - but while a respectable recovery, the total still lags behind the peak year for contributions of 2007/8, when £10.2 billion was saved just before the onset of the financial crisis.

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