Employers up contributions in bid to slash deficits

clock

Employer contributions to funded workplace pensions have risen by £16bn in just two years, as employee contributions plummeted by £3.5bn over the same period, figures show.

Numbers from the Office for National Statistics, published today, show an increase in employer contributions from £40.8bn in 2008 up to £56.8bn today. This compares to a fall in employee contrib...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry mixed as to whether awareness campaigns boost pension engagement

Industry mixed as to whether awareness campaigns boost pension engagement

PP survey finds no clear consensus over whether campaigns increase saver interaction

Martin Richmond
clock 18 September 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

DWP small pots consultation, WPC launches AE inquiry, state pension expected to rise

Professional Pensions
clock 18 September 2026 • 1 min read
News Digest: Teacher pay award to be funded through LGPS pension savings

News Digest: Teacher pay award to be funded through LGPS pension savings

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 18 September 2026 • 1 min read
Trustpilot