Debbie Abrahams MP, Shadow Secretary of State for Work and Pensions, commenting on the Department for Work and Pensions statistics on auto-enrolment, said:

“I am pleased to see that the policy of auto-enrolment, introduced by the last Labour Government, is encouraging more workers to build a savings pot for their retirement.

“This Tory Government has still failed to address a number of important issues on auto-enrolment, including the transparency of costs and charges that are being applied to savings pots, the higher threshold for automatic enrolment which excludes those on the lowest incomes, including women and ethnic minority groups, and the action sorely needed to boost saving among the self-employed.

“The Tories have no plan on pensions. Only Labour can be trusted to ensure that working people have a dignified retirement.”