Marvin OnumonuNatWest has become the 100th employer to sign up to the Living Pension accreditation, joining more than 100 businesses now committed to the Living Wage Foundation scheme.
The list of accredited employers includes large firms like Aviva, SSE plc and Everton FC, as well as small businesses such as Penfold and Manchester Cat Clinic.
Katherine Chapman, director of the Living Wage Foundation, said: “We’re delighted to welcome NatWest to the now 100-strong movement of responsible employers securing their workers’ financial futures with a Living Pension.
“The commitment of these leading employers means their workers can look forward to a dignified life in retirement.
“Launched in 2023, we’ve seen incredible growth in Living Pension accreditations in such a short time because employers know it’s good for people and good for business.”
Mark Chadwick, head of pensions at NatWest Group, said: “We’re pleased to have received Living Pension accreditation, which recognises that our pension funding supports colleagues in saving for a decent level of income in retirement and that we’re making it as easy as possible for them to save.”
Chris Eastwood, CEO and co-founder of Penfold, said: “As a modern pension provider, we believe in leading by example.
“Employers have an opportunity, and a responsibility, to go beyond the legal minimum and give people a genuine chance at a comfortable retirement.
“Raising that bar is something we should all take seriously.”
Eastwood added: “Becoming one of the first 100 Living Pension accredited employers formalises something we’ve long believed and built into our own approach.
“At Penfold, we contribute 10% as standard, with no requirement for employee matching.
“That means we meet the Living Pension benchmark without asking our team to contribute more themselves – helping ensure they’re on track for a comfortable retirement.”
