Should I Switch Out Of My Default Fund?

Auto-enrolment turned you into a pension saver for the first time, but the default fund you were placed in might not be optimal if you are young

Ollie Smith 12 November, 2021 | 2:24PM
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Young people together

Auto-enrolment has made its mark on the UK. Nearly 10 years on from its launch, over 10 million people have been enrolled into a workplace pension. Every penny set aside via the system potentially benefits participants later down the line.

Nevertheless, the policy has two problems: contribution levels, and (secondly) engagement.

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About Author

Ollie Smith  is editor of Morningstar UK