Recommendations To build on the success of auto-enrolment, a combination of nudges, structural changes and improved engagement are required. Our white paper includes a set of recommendations for government and policy, employers, and providers that aim to build on the success to date of auto-enrolment. Taken together, these recommendations, if implemented, could further expand pension participation and increase pension saving. This could result in more households achieving a better retirement income. We want to see a move beyond solely looking at the number of workers who are a member of a workplace pension scheme as a marker of success. In addition, we would like to move towards a landscape where individuals are actively engaged in making decisions about their pension saving and planning for later life. Our research shows that more people are saving now compared to before the introduction of auto-enrolment. But they are doing so without making conscious and active saving decisions – and are simply following the status quo. So, while auto-enrolment has helped many more people than before, our overarching vision for the policy is to equip people to not be just be savers, but competent savers. 34 A decade of auto-enrolment: has it helped or hindered saving psychology?
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