Lovewell’s logic: Will the living pension overcome undersaving?
Employee Benefits
MARCH 24, 2023
Herbert Smith Freehills, Citizens UK, Aviva, and Phoenix Group this week became among the first employers to sign up to the new Living Pension Employer standard , launched by the Living Wage Foundation. The living pension is a voluntary savings target of 12% of an employee’s salary, whereby the employer contributes 7%.
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