Honey Pig Cafe, an unassuming new restaurant with big plans, quietly debuted over the summer in Lone Tree. “We just wanted to get the doors open as soon as possible,” James Choi, …
Number of UK workers saving soars with powerful and popular opt-out payroll savings, says Nest Insight ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.
Nest Insight’s trial of opt-out approaches to payroll-linked saving has reported that participation rates have jumped by 50% when compared to opt-in approaches.
Automatically enrolling employees in retirement plans is a powerful tool for increasing savings. But Yale SOM’s James Choi and his coauthors find that once enrolled, people with lower incomes are more likely to remain at default contribution rates, even if they aren’t optimal.