The Employer's Guide to Savings

The introduction of pension auto-enrolment has been a great success in helping millions of Britons to build nest eggs for their later years. Yet there are still concerns that falling savings rates mean we are not preparing ourselves against potential financial disasters in the short term. Employees who have savings to fall back on are more resilient to financial shocks and therefore less prone to the negative affects that financial difficulties can cause to overall wellbeing. This additional financial security can also improve productivity and reduce labour turnover.