Automatic Enrolment Evaluation Report 2017
This document summarizes the UK Department for Work and Pensions' evaluation of the Automatic Enrolment Evaluation Strategy, aimed at increasing private pension saving through measures such as automatic enrolment of eligible jobholders into workplace pensions, minimum contribution rates, and compliance regimes. The evaluation utilized existing information sources to ensure cost-effectiveness and involved a cross-government steering group with representatives from various departments and organizations. The strategy's effectiveness was assessed through seven key evaluation questions, focusing on employer compliance, the increase in individuals saving in workplace pensions, and the overall impact on retirement savings. The evaluation found that automatic enrolment has led to increased pension participation, particularly among protected groups, and has provided new business opportunities for the financial services industry. Costs to the government include compliance, communication, and administrative expenses, but future tax receipts from higher pension incomes may offset these. The evaluation strategy also includes a logic map to understand the policy's inputs, outputs, outcomes, and impacts, and uses a variety of surveys and administrative data for ongoing monitoring. Annual reports measure the strategy's progress and aim to promote transparency and public participation in decision-making. **This summary was written by an AI model and therefore should not be considered a definitive summary of the report. If you are aware of inaccuracies, please email evaluation.registry@cabinetoffice.gov.uk.**
Description
- Lead department
-
Department for Work and Pensions
- Evaluation stage
- A complete evaluation report
- Other departments
- No other departments listed
- Evaluation types
-
Impact evaluation
- Impact methods
-
Theory-based methods
- Theory-based methods
-
Realist evaluation
- Grant information
- This intervention is not distributing funding via a grant
- Government Major Project information
- This intervention is not a major project
- Policies
- No policies provided
Event Dates
- Event Name
- Publication of final results
- Event date
- December 2017
Evaluation Costs
- Cost
- Not provided
Evaluation sharing
- Link(s) to published report(s)
- Yes
- Links to evaluation plans
- No link provided
- Links to published evaluations (DEBUGGING)
- No final report link found.
- Findings
- Not provided
- Permission to share confirmed
- Yes