Aviva calls for sustained and ‘personalised’ employee engagement to create a lasting savings culture Britain’s workers remain undecided on pension saving – 37% of employees say they will opt out of automatic enrolment, and 28% are undecided. Affordability is a key obstacle – almost half (45%) of employees who do not currently take up the…
Today new legislation comes into force that will see more than 5m people saving into a pension for the first time ever by the end of 2018. NEST, the national not-for-profit pension scheme established under the legislation, has calculated that the majority of these new savers will need to put just over £2 aside each…
The National Association of Pension Funds (NAPF) commented on official figures published today (Friday) showing that the number of employees saving into a workplace pension has fallen to a record low of 48%. This is the first time the proportion has fallen below 50% since the Office of National Statistics research started in 1997, when…
Making the most of every penny is going to be vital for people to make ends meet in 2012. Employers spend considerable sums on workplace benefits, which form an important but often overlooked part of people’s total remuneration. The Alexander Forbes Group has revealed five top tips to enable people to make the most of…