Defaulting for the greater good: RBS takes the next step

Taha Lokhandwala on RBS' latest scheme innovation

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This week has seen the announcement that the Royal Bank of Scotland is upping the default contribution rate for new employees.

It operated a somewhat lush DC offering pre auto-enrolment providing 15% of an employees' salary to use for a pension, other benefits or to take back in cash, and a default contribution of 4% into ...

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