Since auto-enrolment was introduced in 2012, over 10 million more people have been saving into a workplace pension.1 Of all eligible employees in 2021, 88% were participating – up from less than half before auto-enrolment came into place.2

Despite its positive effect on the number of people saving into a workplace pension, there have been inconsistencies with auto-enrolment identified between different groups of employees. We partnered with the University of Edinburgh Business School to explore the impact of auto-enrolment over the last decade, and whether it has helped or hindered saving psychology. The results found clear differences between certain demographics.

Here’s our key findings based on different groups of people, and what this means for supporting your employees in the workplace.

Unless otherwise stated, statistics are taken from our research carried out with a nationally representative group of 2,000 UK adults between June and September 2022.

Aegon Auto-enrolment infographic

While auto-enrolment has had a positive impact on the number of people saving, for many people, their pension pots are still not enough to fulfil their plans and desired lifestyles when they retire. People of different age groups and demographics may face different challenges along the way too. By keeping this in mind when providing support for your employees, it could help to keep them on track for retirement.

To view our findings in more depth, read our flipbook, created in partnership with the University of Edinburgh Business School – A decade of auto-enrolment: has it helped or hindered saving psychology?


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