Pensions - Articles - Only four percent will leave workplace pensions

 “Ensuring the UK workforce reaches retirement with sufficient funds is one of the biggest challenges faced by the industry. With auto-enrolment contributions rising next April, there has been much speculation around whether the number of people opting out will rise. Should this research prove true, it will certainly be welcome news for retirees and the UK economy as a whole.
 
 "'Slow' money invested in pension schemes through auto-enrolment has the potential to deliver a huge economic benefit and drive growth when it is ultimately invested in infrastructure and real assets. At Legal & General, we are great advocates of this approach to long-term investing and this new research revealing that the amount saved into pension pots is unlikely to fall, means that there will continue to be scope to invest in this way in the future."