Increased AE contributions may have 'short-term pain' but long-term gain

Research finds increases would boost UK investment but result in reduction in wages

Martin Richmond
clock • 4 min read
Increased AE contributions may have 'short-term pain' but long-term gain

Increased pension contributions under the expansion of auto-enrolment (AE) will have broadly positive economic impacts over the long-term but will have adverse short-term impacts on employees’ wages, research from Royal London has found.

The research, Exploring the implications of higher pension contributions in the UK, commissioned by Royal London and conducted by Oxford Economics, found only two-fifths of households with an indiv...

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