Could not subscribe, try again later Invalid EmailMore than one million employers have now enrolled their staff into a workplace pension, new figures show. Since automatic enrolment was launched in 2012, there have been staging dates bringing employers, and their staff with them, into pensions, starting with the UK's biggest firms and gradually filtering out to small employers. (Image: Getty)The Pensions Regulator (TPR), which released the figures, said the scheme has led to around 9.3 million people so far saving into a pension. Currently, to be automatically enrolled into a workplace pension, employees must be aged 22-to-state pension age and earn at least £10,000 per year. Minimum contribution rates are set to increase to 5% including staff and employers' contributions in April, and then to 8% including staff and employers' contributions in April 2019.

Source: Daily Mirror February 13, 2018 14:23 UTC