Enrol workers into schemes at maximum contribution levels, urges WTW

Firm urges industry to take measures to ensure future retirement adequacy

Martin Richmond
clock • 4 min read
Enrol workers into schemes at maximum contribution levels, urges WTW

UK employees should be enrolled into pension schemes at the maximum contribution levels to prevent inadequacy in retirement, WTW has suggested.

The consultancy's paper – What can the UK do to ensure future retirement adequacy? – published today (29 April), said adequacy remains a "hugely topical" issue for the pensions industry and pointed...

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

Join now

 

Already a Professional Pensions
member?

Login

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

More on Defined Contribution

Royal Mail CDC scheme advisers announced

Royal Mail CDC scheme advisers announced

WTW serving as scheme actuary, Redington as investment strategy adviser and BW as OCIO selection and oversight provider

Martin Richmond
clock 08 October 2024 • 4 min read
Industry welcomes the launch of first UK CDC pension scheme

Industry welcomes the launch of first UK CDC pension scheme

Royal Mail CDC scheme hailed as ‘important milestone’ for UK pensions landscape

Martin Richmond
clock 07 October 2024 • 4 min read
Royal Mail launches UK's first CDC pension scheme

Royal Mail launches UK's first CDC pension scheme

Scheme will provide over 100,000 employees with an income for life and a cash lump sum in retirement

Martin Richmond
clock 07 October 2024 • 2 min read
Trustpilot