Major firms launch new workplace savings scheme to boost financial resilience (opens original article in a new tab)

Major UK firms launch workplace savings schemes to enhance financial resilience through employer-backed programs.

• A new National Coalition for Workplace Savings is launching in the UK to improve financial resilience through employer-backed savings schemes.
• The coalition includes 400,000 employees across sectors like retail, hospitality, and public services, with key members such as Co-op, Next, and Defra.
• Employees can build savings through payroll deductions into easy access accounts to manage unexpected expenses and debt.