Four myths about pension saving

Last week, the National Employment Savings Trust (NEST) forum brought together some of the top thinkers on saving from around the world. Their research blows some of the home truths about saving wide open. Myth1 Big employer contributions motivate people to save IFAs use this as a selling point when talking to employees about joining their company pension scheme. For the sake of putting aside a measly 3% of their earnings, tax efficiently, employees effectively get a pay rise. It follows that the higher the employer contribution, the more of an incentive to save there is, but ...