To mark Financial Capacity Week, Just Retirement reveals that 58% of people have no idea how much their employer contributes to their pension and 43% would battle to identify how much they contribute themselves. New research of more than 3000 people over the age of 21 suggests that while workers value pension savings, they are […]
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workplace savings
More than half of people don’t know how much their employer contributes to their pension
Half of savers want workplace education
Research from Equiniti, a leading investment and pension technology company, shows that uncertainty about what to do is preventing savers from investing as much as they want to. A survey of more than 6000 savers and investors found that more than half (58%) do not save or invest as much as they want, with around […]
Lifetime ISA ‘could be game changer for workplace savings’
The launch of the new Lifetime ISA could shift employer views on workplace savings schemes for younger workers, employee benefits consultancy Portus says. Under-40s can invest up to £4,000 a year tax-free in Lifetime ISAs from April 2017 to benefit from a 25% Government bonus on savings made before age 50 and take out the […]
