Half of savers have never considered raising contributions, PLSA finds

PLSA research finds just 27% would commit to increases if they got a pay rise

Holly Roach
clock • 2 min read
Half of savers have never considered raising contributions, PLSA finds

Half of workplace pension savers have never considered increasing their pension contributions with their current employer, the Pensions and Lifetime Savings Association (PLSA) finds.

The trade body revealed a "troubling disconnect" between pension awareness and behaviour, with 50% of savers saying they have never considered upping their contributions despite 48% of those survey...

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

Fidelity FutureWise default hits £25bn AUM milestone

Fidelity FutureWise default hits £25bn AUM milestone

Asset manager also unveils partner network of ten GPs for its diversified private markets LTAF

Jonathan Stapleton
clock 21 May 2026 • 3 min read
'Significant gap' between strongest and weakest FM growth portfolios

'Significant gap' between strongest and weakest FM growth portfolios

XPS Group said schemes must ensure ‘robust oversight’ when selecting a fiduciary manager

Holly Roach
clock 21 May 2026 • 1 min read
Rising Star Awards 2026: Nominees revealed and entries open!

Rising Star Awards 2026: Nominees revealed and entries open!

People have been nominated in their hundreds for this year’s awards

Professional Pensions
clock 21 May 2026 • 13 min read
Trustpilot