The government has announces the three themes that will be considered as part of the review into auto-enrolment, whilst also revealing the chairs of the review.

The review, which will consider the success of auto-enrolment to date, will explore ways that policy can be developed. For this it will consider, coverage, engagement and contribution levels.

In addition, the Department for Work and Pensions revealed the three chairs will be People’s Pension trustee director Ruston Smith, Standard Life head of pensions strategy Jamie Jenkins and Pensions Policy Institute director of pensions policy Chris Curry.

The three will work closely with the government to look at what can be done to build on the success of the policy.

Minister for Pensions Richard Harrington noted that although auto-enrolment has been a “huge success” there is still “significantly more work to do”. So far over 7.1 million people have been auto-enrolled into a pension but there are concerns over the increasing number of smaller companies who are reaching their staging dates now, that are not being compliant with the policy.

Commenting on his appointment, Smith said: “I’m delighted to join the advisory group that will be providing advice, insight and challenge to DWP on the review of auto-enrolment, and to lead the group’s work in how best to engage with current and future savers. Simple and compelling engagement will be critical in helping people of all ages make the right choices for their future.”

Jenkins noted that it is a great time to review the policy as it approaches its fifth anniversary.
“It is crucial that employers continue to play a pivotal role in its success, but that the review also looks at the savings needs of those individuals currently not benefitting. It is a great privilege to take a leading role in this next stage of auto enrolment, and I look forward to working with the DWP and the many stakeholders to explore the policy options available.”

Curry added: “One of the greatest challenges that we face is in ensuring that individuals save enough to be able to enjoy their retirement, and it is very important that we collect strong and robust evidence on which to base any decisions concerning the appropriate long term contribution levels to workplace pensions.

“The review will look to ensure that workplace pensions continue to meet the needs of individual savers, and employer, while remaining fair, affordable and sustainable for future generations. The department will publish a final report later this year.”

The terms of reference for the advisory group can be viewed here.

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