Occupational pensions failing low-paid workers

clock

Less than one-in-four workers earning under £300 a week is saving into a workplace pension, according to TUC research.

The TUC Pensions Scorecard report, released today, shows participation in occupational pension schemes is far greater among higher earners. Only 24% of women earning less than £300 per week cont...

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 Defined Contribution

L&G Master Trust hits £30bn in assets under management

L&G Master Trust hits £30bn in assets under management

Scheme says it is the first commercial master trust in the UK to reach the milestone

Jasmine Urquhart
clock 21 January 2025 • 1 min read
An alternative to lifestyling in defined contribution

An alternative to lifestyling in defined contribution

Is too much derisking a bad thing?

Jonathan Stapleton
clock 20 January 2025 • 17 min read
The People's Pension targets £4bn move into private markets

The People's Pension targets £4bn move into private markets

Master trust to initially invest in assets such as infrastructure and real estate

Jonathan Stapleton
clock 16 January 2025 • 3 min read
Trustpilot