As set out in the government’s Financial Inclusion Strategy, the National Coalition for Workplace Savings has been established to increase the number of UK working age adults who have emergency savings, in order to help them become more financially resilient.
Over the coming years, the Coalition will encourage more employers to implement and increase participation in workplace savings schemes and will continue to engage with savings providers who are innovating to achieve greater impact.
Chaired by the Co-op, the Steering Group is responsible for guiding the Coalition’s work.
The Coalition is convened by MaPS, Centre for Inclusive Money at Nest and TISA.
A significant proportion of people in the UK have little or no money saved for emergencies.
1 in 10 working adults in the UK had no savings at all in 2024
A further 20% have less than £1,000 in savings
More than 13 million people in the UK have low levels of financial resilience*
The National Coalition for Workplace Savings has been established to increase the number of UK working age adults who have emergency savings, particularly those with savings between £1,000 and £2,000. We are bringing together employers to scale up workplace savings.
*Source: Financial Inclusion Strategy (2025); Money and Pensions Service (2022); Nest Insight (2020 – 2022); StepChange (2015); Suh (2020); Morningstar (2021); CIPD (2017); Rosso et al, 2024; Leana et al. 2025; Kaur et al, 2019.
Learn how Gary, a colleague at SUEZ, benefitted from access to workplace savings – in a trial led by Centre for Inclusive Money at Nest, with support from The BlackRock Foundation.
Increase the number of UK employers offering workplace savings
Raise the number of UK employees saving through their workplace
Drive up the average participation rate for UK workplace savings schemes
Boost the number of employees in the UK with emergency savings, driving up workforce health and productivity
Specifically, the Coalition will support more people to save through workplace savings schemes by:
National Coalition for Workplace Savings is convened by
