“If he will make a statement on his departmental responsibilities.”
Asked by
Matt Rodda
Answering Minister
the Secretary of State for Defence
Answer from Hansard
The Parliamentary Under-Secretary of State for Work and Pensions (Torsten Bell)
This is an important question, and one where we have seen some good news on the back of cross-party working over the last 15 years. Automatic enrolment has succeeded in transforming participation rates in workplace pensions, particularly for young people. Participation among all eligible 22 to 29-year-olds has increased from 35% to 86%, but there is much more to do. That is why the second phase of our pension review will look at further steps to improve pension outcomes for everyone, including those lucky enough to be young.