PARLIAMENTARY WRITTEN QUESTION
Pensions (18 June 2020)

To ask the Secretary of State for Work and Pensions, what information her Department holds on the average number of separate pension pots held by people who are also a member of an auto-enrolment scheme.

Asked by:
Jonathan Reynolds (Labour)

There is currently no single data source that provides information on the the average number of pension pots belonging to members of automatic-enrolment schemes.

As at May 2020, over 10 million individuals had been automatically enrolled into a workplace pension. The Pensions Regulator estimates that there are around 55 million pension entitlements in total. However, not all of these entitlements will belong to individuals who have been automatically enrolled.

Pensions Dashboards will help consumers to keep track of their various pensions and see what they have online and in one place to help support them in their retirement planning. The Government is legislating to compel pension schemes and providers to make their data available to consumers via pensions dashboards.

Answered by:
Guy Opperman (Conservative)
26 June 2020