AE progress continues to be outpaced by non-enrolled worker growth

Growth in the number of non-auto-enrolled workers has continued to outpace that of auto-enrolled employees in June, with The Pensions Regulator’s latest Automatic enrolment declaration of compliance revealing a 32,000 increase in non-enrolled workers.

This compared to a 20,000 increase in the number of auto-enrolled employees over the past month, representing the eleventh consecutive month in which growth in non-enrolled workers has continued to outpace enrolled-workers.

Despite this, growth in the number of auto-enrolled workers seems to be picking up pace compared to previous months, with an increase of 16,000 recorded in April, and 14,000 in March.

The past month also saw the total number of eligible employers increase by 63,000 to 32,858,000, and the number of employers confirming the completion of their declaration of compliance increased by 15,371 to 1,869,227.

The figures for TPR's 's Automatic enrolment declaration of compliance are compiled from information submitted by employers when they complete their declaration of compliance with auto-enrolment.

TPR said the figure for auto-enrolled jobholders was likely to be higher than that shown in the report, as some employers will have reached their duties start date and automatically enrolled their eligible employees without having completed their declaration.

    Share Story:

Recent Stories

DC master trusts
Pensions Age editor Laura Blows, editor of Pensions Age look at developments within the DC master trust market with Paul Leandro, partner at Barnett Waddingham, and Mark Futcher, partner and head of DC at Barnett Waddingham.
Investing in Asia
Pensions Age editor, Laura Blows, discusses with CRUX Asset Management fund manager, Ewan Markson-Brown, the opportunities for investing in Asia and CRUX Asset Management's fund launch to help with this

Advertisement Advertisement