Tag: UK auto-enrollment

Miniature stick United Kingdom flag on green grass, close up sunny field

The brief’s key findings are: Policymakers worldwide are concerned that workers are not saving enough for retirement, in part due to a lack of coverage by employer-based plans. The United Kingdom has recently completed a nationwide rollout of auto-enrollment, with the ability to opt out. In the wake of this initiative, participation rates have jumped…

Hourglass, eyeglass, pen and notebook written with RETIREMENT PLAN on white wooden background with sun flare

We were looking at the United Kingdom’s ambitious retirement saving initiative when the President announced Treasury’s MyRA proposal last month.  The UK initiative shares two key attributes with the MyRA – namely, safe investments for the new saver and a separate mechanism to administer small accounts.  And it’s an interesting plan.   The initiative was introduced…