Supporting automatic enrolment: further analysis of earnings, participation and provision
Part of a wider pensions strategy designed to ensure that the UK has a pension system that enables individuals to save for retirement.
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Millions of people in the UK are not saving enough for retirement. The legislative changes set out in the Pensions Act 2008, the Pensions Act 2011 and the packages of associated regulations aim to increase private pension saving in the UK. They form part of a wider pensions strategy designed to ensure that the UK has a pension system that enables individuals to save towards achieving the lifestyle they aspire to in retirement while minimising the burden on employers and industry.