{"id":21890,"date":"2024-05-08T14:38:07","date_gmt":"2024-05-08T14:38:07","guid":{"rendered":"https:\/\/www.fintechrobos.com\/?p=21890"},"modified":"2024-05-08T14:38:07","modified_gmt":"2024-05-08T14:38:07","slug":"industry-backs-enrolling-employees-into-schemes-at-maximum-contribution-levels","status":"publish","type":"post","link":"https:\/\/www.menamoney.org\/ar\/industry-backs-enrolling-employees-into-schemes-at-maximum-contribution-levels\/","title":{"rendered":"Industry backs enrolling employees into schemes at maximum contribution levels"},"content":{"rendered":"<h2>PP poll finds 56% of respondents favour proposals in paper published by WTW<\/h2>\n<h4 class=\"article-sub-head summary\">A majority of the pensions industry has backed a proposal to enrol employees into schemes at maximum contribution levels, a Professional Pensions poll shows.<\/h4>\n<div class=\"sticky-start\"><\/div>\n<div class=\"sticky-end\">Results of last week&#8217;s <a href=\"https:\/\/www.professionalpensions.com\/tag\/pensions-buzz\" target=\"_blank\" rel=\"noopener\">Pensions Buzz<\/a>??survey revealed 56% of respondents supported the findings of a research paper published by WTW which suggested??<a href=\"https:\/\/www.professionalpensions.com\/news\/4202490\/enrol-workers-schemes-maximum-contribution-levels\" target=\"_blank\" rel=\"noopener\">employees should be enrolled into pension schemes at the maximum contribution levels to prevent inadequacy in retirement<\/a>.<\/div>\n<div class=\"article-content\">\n<p>Of the respondents who supported enrolling members into schemes at the maximum contribution levels, one said they had already implemented this in their scheme and &#8220;very few have opted out of matching, whereas take-up was low when it was opt-in&#8221;.<\/p>\n<p>Another argued WTW&#8217;s proposals &#8220;make sense&#8221; because &#8220;inertia does its work then&#8221;.<\/p>\n<div class=\"ad-container\">\n<div id=\"rdm-article-inline-video-ad\" data-onscroll-unit=\"true\">A third stated inertia among members usually means many &#8220;do not engage&#8221; and therefore &#8220;wouldn&#8217;t drop contributions&#8221;. However, the same pundit added lower contributions &#8220;should always remain an option&#8221;.<\/div>\n<\/div>\n<p>The survey also found 33% disagreed with WW&#8217;s suggestion and the remaining 11% said they did not know.<\/p>\n<p>Out of the respondents who disagreed, one said the proposal was &#8220;laudable&#8221; but caveated &#8220;it has to be realistic for the employees and employers&#8221;. Another agreed and said contribution levels were &#8220;an individual&#8217;s choice&#8221;.<\/p>\n<div class=\"ad-container\">\n<div id=\"rdm-rhc-article-inline\" data-onscroll-unit=\"true\">A third opined: &#8220;This is for employers and employees to determine, or for the government to legislate.&#8221;<\/div>\n<\/div>\n<p>A separate pundit stated employees should be enrolled at &#8220;minimum levels&#8221; and added: &#8220;Individuals must take personal responsibility for anything higher depending on their priorities.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>PP poll finds 56% of respondents favour proposals in paper published by WTW A majority of the pensions industry has backed a proposal to enrol employees into schemes at maximum contribution levels, a Professional Pensions poll shows. Results of last week&#8217;s Pensions Buzz??survey revealed 56% of respondents supported the findings of a research paper published [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[],"class_list":["post-21890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Industry backs enrolling employees into schemes at maximum contribution levels - MenaMoney<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.menamoney.org\/ar\/industry-backs-enrolling-employees-into-schemes-at-maximum-contribution-levels\/\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industry backs enrolling employees into schemes at maximum contribution levels\" \/>\n<meta property=\"og:description\" content=\"PP poll finds 56% of respondents favour proposals in paper published by WTW A majority of the pensions industry has backed a proposal to enrol employees into schemes at maximum contribution levels, a Professional Pensions poll shows. 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