Women are far behind men when it comes to signing up to a workplace scheme that could potentially boost their pension pots by thousands of pounds, according to analysis by Scottish Widows.
So-called salary sacrifice schemes, made available by employers, can provide access to “free money” for workers in the form of reduced national insurance contributions.
The schemes work by an employee agreeing to give up a portion of their salary in exchange for a non-cash benefit, often a pension contribution or other perks.
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