FYI: As with most developed nations, the United Kingdom has realized that without additional financial support, which the government itself did not wish to provide, many millions of its citizens would face precarious retirements. Consequently, in 2012, the United Kingdom mandated that all workers age 22 and over, earning at least 10,000 pounds annually, be automatically enrolled into the country’s equivalent of a 401(k) plan.
Regards,
Ted
https://www.morningstar.com/articles/946879/the-british-show-how-to-improve-401ks
