Industry experts say AE is ‘flagship policy’ but there is no good time to increase contributions
The pilots with Penfold and Moneyhub will test forms of flexible saving for self-employed
But responsible investment communications have been shown to build confidence
Communications must be positive, plausible, plain-spoken and personal, research finds
Nest Insight looked back on the last ten years and determined AE has made pension saving ‘the norm’
Comes alongside expanded support from Maps and BlackRock
80% of employees struggling with their bills think the savings tool could help them
Broadcaster joins test drive of hybrid pensions and rainy-day savings product
Auto-enrolment (AE) remained resilient during the Covid-19 pandemic and in the wake of minimum contribution increases, according to a report by Nest Insight.
Nest Insight has outlined a series of opinions from employers trialling its hybrid sidecar savings tool, with most agreeing they “like the concept” but still raising concerns over inertia.