Carrot vs stick: how to encourage people to save

James Phillips
clock • 4 min read

Is a positive approach the best way to encourage savers to increase contributions into their DC fund? James Phillips reports

At a glance DC contribution rates are 17% lower than their DB counterparts Action needs to be taken to increase these contribution rates Schemes should promote higher savings as a social nor...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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