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Automatically enrol young staff into workplace pension schemes, says IFS

By The Guardian   |   Sep 15, 2024 at 07:03 PM EST
Automatically enrol young staff into workplace pension schemes, says IFS

A leading thinktank suggests enrolling employees as young as 16 into pension schemes to combat inadequate retirement funds. Current saving rates may leave many with insufficient income, prompting calls for mandatory employer contributions and increased auto-enrollment age range.

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