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June 2009
Article
Reforms to boost pension coverage, but many accounts may have small amounts

The government recently legislated radical private pension reforms that will lead to the majority of employees being enrolled automatically by their employer into a private pension and in some cases into a new 'Personal Account'. The shift to automatic enrolment and increased requirements on employers to make contributions, should both boost pension coverage. A report published today by IFS researchers presents new evidence on individuals at which the Government's reforms are targeted.

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