Most employers say their DC pension provision is not enough for retirement

Just one in four employers believe the DC provision they offer will allow for a comfortable retirement

Holly Roach
clock • 3 min read
Most employers say their DC pension provision is not enough for retirement

Most UK employers do not believe the defined contribution (DC) pension provision they offer to employees will be enough to allow for a comfortable retirement, WTW research finds.

The consultancy's DC Pensions and Savings Survey revealed there are "growing concerns" on retirement adequacy, with just 27% of those surveyed saying they are confident a typical person they employ...

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

More on Industry

Many investment managers 'struggle' to gauge net-zero progress

Many investment managers 'struggle' to gauge net-zero progress

LCP says addressing training and gaps in net-zero targets is ‘crucial’

Holly Roach
clock 10 October 2024 • 2 min read
Scottish Widows launches update to app for workplace scheme members

Scottish Widows launches update to app for workplace scheme members

Provider’s app will enable members to link existing insurance policies to support financial wellbeing

Martin Richmond
clock 10 October 2024 • 2 min read
Major pension funds launch 'landmark' blueprint for unlocking investment

Major pension funds launch 'landmark' blueprint for unlocking investment

Several policy recommendations made to unlock pension capital and fast track clean power

Holly Roach
clock 10 October 2024 • 4 min read
Trustpilot