Tax changes and career moves hampering savings

clock

Increased retirement flexibility, changes to tax rules and falling numbers of individuals staying with one employer are making it difficult to track pensions, Towers Watson have said.

These factors caused confusion among employees about their overall pension position. Towers Watson research showed over three-fifths of employees said retirement security is now an important issue....

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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Festina Finance enters UK pensions admin market, Schroders scheme invests in LTAF and £900m bulk annuity deal

Professional Pensions
clock 27 June 2025 • 1 min read
News Digest: PCS announces six weeks of strikes at Civil Service Pension Scheme administrator MyCSP

News Digest: PCS announces six weeks of strikes at Civil Service Pension Scheme administrator MyCSP

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

Professional Pensions
clock 27 June 2025 • 1 min read
Renting in retirement halves chances of reaching minimum living standard

Renting in retirement halves chances of reaching minimum living standard

Having to pay housing costs in retirement reduces chances of minimum RLS to 43%

Martin Richmond
clock 24 June 2025 • 3 min read
Trustpilot