MONEY
AUTO-ENROLMENT
ON
DEAF
EARS
Anthony Luzio finds out why people are
ignoring the warnings and opting out of
pensions following auto-enrolment
T
he auto-enrolment scheme
was introduced in 2012 in
order to address the pensions
timebomb in the UK, but research
from BlackRock shows the average
pension pot is still just £50k, which
equates to a monthly income of only
£163 a month.
Despite the fact that all UK
companies of 30 people or more
must now automatically enrol their
employees in a pensions scheme,
d