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LEBC: Most workers not auto-enrolled are women

 

Kay Ingram, director of public policy at LEBC, has warned most of the nine million workers in the UK who have not been auto-enrolled into a workplace pension are women.

She warned the two "barriers" to auto-enrolment - age and wages - affected women more than men, while women also faced bigger and longer gaps in their pension funding.

In the latest FTAdviser podcast, she said the government's announcement earlier this week that 10 million people had been auto-enrolled, which it "hailed as a great success", had failed to mention the nine million workers that are still not in a workplace scheme.

Ms Ingram also discussed the increase in probate fees, which she claimed could lead to some assets not being claimed, adding to the £15bn of unclaimed assets in the UK.

Finally, she talked about why LEBC supported a ban on contingent charging and what type of clients might be the exception to this ban.

Each week, FTAdviser will be joined by a guest from the industry to discuss the week in news and pressing industry issues.

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eleanor.duncan@ft.com