FOI reference - FOI-284
Date - 22 July 2024
Request
The number of UK employers who have initially selected a Master Trust (or any other approved scheme) that have opted to change to a different scheme later on, providing that certain conditions are met.
Response
I confirm that we hold the information you have requested.
Please see below for our response.
| Latest re-Declaration year | Employers that initially selected a Master Trust | Employers that changed to a different scheme |
|---|---|---|
| 2019 to 2020 | 25,373 | 91 |
| 2020 to 2021 | 45,172 | 183 |
| 2021 to 2022 | 56,087 | 425 |
| 2022 to 2023 | 164,642 | 967 |
| 2023 to 2024 | 182,008 | 990 |
| 2024 to 2025 | 36,946 | 309 |
Notes to the analysis
- The population is made up of either current or historic employers who:
- advised in their initial declaration of compliance that they have automatically enrolled staff into a Master Trust.
- have advised in their most recent re-declaration of compliance that they have re-enrolled staff into a pension scheme.
- We have not been able to define and categorise 'any other approved scheme', so the figures relate to those employers who initially used a Master Trust only.
- For data quality purposes, the above population excludes the following conditions:
- Employers that did not have to re-enrol staff into a pension scheme at their most recent re-declaration of compliance.
- Employers that declared more than one pension scheme at initial declaration.
- Employers whose most recent re-declaration is less than three years from a (late) initial declaration.
- The sub-population is made up of those that changed to a different scheme (whether Master trust or not) at their most recent re-declaration of compliance.
- Data has been provided from 2019 to 2024 in order to provide a consistent five-year time series; volumes prior to this period are minimal.
- The latest re-declaration year 2024 to 2025 is year-to-date.