Auto-enrolled millennials want matching employer contributions, research finds

The provider said more than three-quarters (76%) of millennials would be happy to continue payments into their workplace pension if total contributions rose to 8% - with 4% coming from the employer and the other 4% from the employee. If the ratios were different - with 5% coming from the employee and 3% from the employer respondents were less enthusiastic. The study found nearly two-thirds (62%) would continue payments in this scenario. An increase to 5% of total earnings was more palatable, the study found. Nearly three quarters (74%) said would continue to save into their pension when ...