New figures show that some 48,000 more people in Crawley are now enrolled in a workplace pension.

Henry Smith MP has welcomed new figures showing that, due to changes to workplace pensions, over 9 million more people are now saving for retirement.

Auto-enrolment was introduced so that more workers can save for retirement and so that people have greater financial security and independence in their retirement.

Figures released recently show that the number of workplace pension schemes has reached a record high of 41.1 million in 2017, up nearly 50 per cent in the last six years.

Henry said;

“By introducing automatic enrolment, the way people save for retirement has been transformed.

“Through careful management of the economy – as well as important changes to help people save more for their retirement – more families can plan for the long-term with the security of a pension.

“For a whole generation, workplace pension saving is now the new normal, but there’s more to do to help more people than ever before in Crawley and across the country build an enjoyable and secure retirement.

“I'm also proud that Crawley is leading the way with B&CE, The People’s Pension headquartered in Manor Royal.”