Pension providers have called on the government to reform workplace pension entry rules after official analysis found hundreds of thousands of people could be brought into retirement saving if eligibility criteria were eased.
Ministers this week decided to retain a rule that restricts automatic enrolment for workplace pension schemes to those earning more than ￡10,000 a year.
Once auto-enrolled, a worker benefits from a minimum contribution by their employer of 3 per cent of pensionable salary, while the employee also pays in a minimum of 5 per cent.
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