Baroness Sherlock (Lab): When this Government brought in the Pensions Act 2011, they introduced an earnings trigger for auto-enrolment… and every year since then we have seen more and more people excluded.
She produces these figures:
2011-12: 600,000 people excluded, 75% of them women.
2012-13: 100,000 people excluded, 82% of them women.
2013-14: 420,000 people excluded, 72% of them women.
2014-15: 170,000 people excluded, 69% of them women.
Total: 1,290,000 people excluded from auto-enrolment in four years, the majority of them women.
The Minister chides her for being so negative.
Lord Bourne of Aberystwyth (Con): I appreciate that the noble Baroness, Lady Sherlock, would want to go on a historical journey rather than review the current good news in the present order, but 20,000 more people being brought within auto-enrolment, 70% of whom are women, is of course good news*.
He doesn’t use the term "Rejoice!", but it's left hanging in the air.
* 1.55%, if you were wondering.