DWP data shows reduction in pension saver opt outs

2023 data shows workplace savings have not increased in the last two years

Jasmine Urquhart
clock • 4 min read
Pension opt-outs have decreased since last year, data from the DWP has shown
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Pension opt-outs have decreased since last year, data from the DWP has shown

The number of those opting out of workplace pensions has reduced in the last year, while the amount saved has not increased, data from the Department for Work and Pensions (DWP) has shown.

The latest update for workplace pensions from the DWP showed eligible employee participation in workplace pension schemes has reached 88% - significantly higher than in 2012, when this was measured...

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