Nest insight: Easier to save
This is the final report summarising the results of the opt-out payroll saving research trials in the workplace emergency saving research programme. It has found that an opto-out approach to payroll saving dramatically boosts participation, and saving via patrol supports people to save persistently over time.
Download the full report to find out:
- New workers have an average savings balance of £125 at 4 months.
- Users of a benefits app have an average savings balance of £96 at 4 months.
- 9 in 10 employees are happy or neutral about opt out.