The government’s furlough scheme has hit pension contributions by 25%, higher than the 20% wage cut the scheme offers, according to research by Now Pensions.
Experts have called on the industry to personalise pension communications and expand auto-enrolment (AE) to all workers ahead of the fifth Pension Awareness Day on Sunday.
Finance and insurance professional's employer pension contributions average 9.5% - the highest among 17 industries offering defined contribution (DC), according to Profile Pensions.
The extension of auto-enrolment (AE) to more workers is supported by around three-quarters of businesses, according to research by Scottish Widows and the Confederation of Business Industry (CBI).
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Hargreaves Lansdown research has found that employers support the expansion of auto-enrolment (AE) and higher minimum contributions.
Mel Duffield says savers should think carefully before deciding to choose a LISA over a pension.
Companies could increase their defined benefit (DB) contributions rates to meet a £770bn funding gap over the next 60 years.
Aegon has called for the introduction of triggers for automatically increasing pension savings to tackle the issue of people not contributing enough.
The BBC has launched an audit of its pension scheme after complaints about confusing guidance on its website.