Salary sacrifice could boost pension savings by nearly £500 a year

Scottish Widows finds workers could save £35,900 over the course of a 25-year period

Martin Richmond
clock • 2 min read
Salary sacrifice could boost pension savings by nearly £500 a year

Workers could boost their pension savings by nearly £500 a year if they opted for salary sacrifice through their workplace scheme, research from Scottish Widows has found.

The provider's research revealed workers on an average salary of £34,963 per year could retire 12 months earlier than anticipated if they opted into a workplace salary sacrifice scheme. It calculat...

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