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Baroness in Waiting/Government Whip (Baroness Anderson of Stoke-on-Trent) (Lab)

Speaking in the House of Lords on 23 July 2025

Debate

Pensions: Low-income and Self-employed Workers

Contribution

My Lords, automatic enrolment has transformed workplace pension participation, with over 22 million employees participating in 2023. However, we know that many people are still not saving enough to enjoy a financially secure retirement. For some groups, particularly those not eligible for auto-enrolment, such as the self-employed, pension participation remains low. The newly announced Pensions Commission will explore wider steps to improve pension outcomes, especially for those at the greatest risk of undersaving, including low-income and self-employed workers.

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