Millennials are saving more and deciding more often to use and stick with automatic enrolment pensons in the workplace, new research has found.

The Pensions Regulator has begun a name and shame operation to show which companies are failing to comply with auto-enrolment.

Former Pensions Minister Steve Webb says the fact people come up to him to “shake me by the hand rather than the neck” shows the pensions freedoms have been a success.

The Pensions Regulator has revealed it will carry out auto-enrolment compliance spot checks on employers across the UK.