Article preview: Lower earning employees with multiple jobs could be missing out on £76 million a year in employer pension contributions due to an ‘unfair’ pension system. A new study by insurer Scottish Widows has concluded that the current system places those lower earners with more than one job at a financial disadvantage. More than four million people in the UK have more than one job.
Multi-jobbers are missing out on retirement income
This 555-word blog post considers a new study by Scottish Widows, understanding the financial implications of lower earners with more than one job who are missing out on workplace pension auto enrolment, as well as some of the misunderstandings about the enrolment thresholds. Written on 5th May 2021.
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