To force people to start saving now, the Government has come up with a scheme that automatically enrolls those working in both the private and public sectors into a workplace pension. The scheme starts next week and you'll be automatically enrolled into a workplace pension if you:
- Are not already in a pension at work.
- Are aged 22 or over.
- Are under the state pension age, which is currently 65 for men and 61 and two months for women, although this is gradually rising to 65 by 2018.
- Earn more than £8,105 a year.