UK workers reject £5.7bn pay rise says JP Morgan

The figures from JP Morgan Invest suggest millions of employees who are failing to take their company pension plan are effectively rejecting an average of £1,237.60 a year adding up to a shortfall of over £50,000 during their working life. Jonathan Watts-Lay, director of JP Morgan Invest says employers have to take responsibility to ensure their workforce understand the benefits available to them. “Every one of the 4.6 million workers failing to take their company pension are essentially refusing monies which will give them an income in retirement. I doubt any of these people would sa...