PensionsJan 23 2025

Pakistani and Bangladeshi workers opt out of workplace pensions more

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Pakistani and Bangladeshi workers opt out of workplace pensions more
© Getty Images/iStockphotoWhile 10 per cent of white employees who are eligible for automatic enrolment are not saving in a workplace pension, this rises to 16 per cent for those of Pakistani origin and 24 per cent for those of Bangladeshi origin.

Employees of Pakistani or Bangladeshi ethnic origin are twice as likely to opt out of workplace pensions than other employees, research from the Institute for Fiscal Studies has found.

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