NAPF workplace pensions survey – Spring 2013
The NAPF Workplace Pension Survey tracks the opinions and attitudes of people in employment on pensions, and their expectations in retirement. Highlights from the Spring 2013 edition include:
- 42% work for an employer who does not have a workplace pension scheme in place.
- 40% have been auto-enrolled into a pension scheme and only 15% of these have opted out. 9 in 10 of 25 – 34 year olds stayed in their scheme.
- 62% of those who have been auto-enrolled agree that they expect their income in retirement to come from their workplace pension.
- 64% of respondents who have not been auto-enrolled and have decided what they are likely to do when they are auto-enrolled say they would choose to stay in the scheme.
- The confidence index has increased to -8 showing that more people are confident in pensions versus other ways of saving compared to a year ago.