UK - Consulting firm Hewitt has warned of "workforce planning time bomb" as a result of a majority of defined contribution scheme members failing to grasp the funding levels required to build sufficient savings for retirement.
Its annual survey of DC/AVC schemes, Hewitt found that only 3% of employers thought that DC members had a good understanding of the funding levels required for an adequate pension. Hewitt said t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
