Millions will benefit as automatic pension rollout hits the halfway point

Now there are 5 million workers who have been automatically enrolled in workplace pensions: this is significant as it represents a halfway point of the policy, which will see around 10 million automatically enrolled by 2018.

Also announced by Steve Webb, minister for pensions, is that from Autumn 2016 there will be a scheme which will introduce a pension pot that can follow workers from job to job - this is particularly useful as the average person has 11 jobs throughout their lifetime.

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Ros Kayes, our parliamentary candidate, says: "These are excellent schemes giving people security in their old age and so preventing a lot of stress and suffering at a later point. It is especially significant that there will be a scheme that protects people no matter how often they change jobs."