A report from the City of London Corporation and nudge found around 8.2 million (24%) of employees had no financial safety net.
The National Coalition for Workplace Savings aims to boost access to workplace savings schemes for more staff across the UK.
The scheme is only open to employees at businesses with 50 or more staff, with Marsden offering interest rates of up to 3.00% p.a./AER variable.
Wagestream’s savings product, in partnership with Investec, comes with no minimum deposit or fees and is open to all members.