FCA seeks boost to workplace savings to help people navigate their financial lives 27/08/2025

News Financial services Statements & Speeches

Date: 27th Aug, 2025 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

"On August 27, 2025, the Financial Conduct Authority issued an update regarding FCA seeks boost to workplace savings. The FCA is providing clarity around workplace savings schemes so employers and savings providers can offer them with greater confidence. This move aims to help more employees benefit from these schemes, addressing a significant financial gap where one in ten people have no cash savings and another fifth have less than £1000 put aside for a rainy day."

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Financial Conduct Authority

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FCA seeks boost to workplace savings to help people navigate their financial lives 27/08/2025

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FCA seeks boost to workplace savings to help people navigate their financial lives 27/08/2025

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Financial Conduct Authority

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