We need to raise contribution rates

Recent Royal London research showed people may need to work until their 80s to secure decent retirement incomes. Helen Morrissey says contribution rates need to be raised sooner rather than later.

Helen Morrissey
clock • 1 min read

Recent Royal London research showed people may need to work until their 80s to secure decent retirement incomes. Helen Morrissey says contribution rates need to be raised sooner rather than later.

Auto-enrolment has been a great success in getting more people to start saving for their retirement. However, there are concerns that despite such great steps forward we are still doing nowhere nea...

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 Defined Contribution

Factor differing career paths into design of default pension plans, TPR says

Factor differing career paths into design of default pension plans, TPR says

Schemes need to consider ‘widespread’ career breaks when designing default plans

Martin Richmond
clock 02 March 2026 • 3 min read
L&G enhances cash savings options for DC members

L&G enhances cash savings options for DC members

Service aims to help members maximise returns on cash savings

Jonathan Stapleton
clock 02 March 2026 • 2 min read
Hymans Robertson publishes employee benefits report

Hymans Robertson publishes employee benefits report

Most employers are making progress on supporting workforce to improve benefit security and offering

Jasmine Urquhart
clock 26 February 2026 • 2 min read
Trustpilot