Recession stunts a third of employees' retirement plans

clock

About one third of employees have had their pension plans hindered by the recession and will have to take more personal responsibility over the coming years, Towers Watson says.

The consultancy said fewer than four in 10 feel comfortable having to manage this responsibility. It said about 21% of private sector employees believe recent economic events mean they will have...

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 Consultants

CMA's provisional decision on consultancy/fiduciary markets due 'in next few weeks'

The Competition and Markets Authority (CMA) says it will soon publish its provisional decision on whether there are competition problems in investment consultancy and fiduciary management.

Stephanie Baxter
clock 28 June 2018 • 2 min read

What trustees look for in the perfect consultant

The perfect pension consultant should put their clients at the heart of everything they do and not offer off-the-shelf products, according to a panel of trustees.

Stephanie Baxter
clock 09 November 2016 • 3 min read

How can trustees assess investment consultants?

Conflicts of interest make it challenging for trustees to assess consultants

Stephanie Baxter
clock 02 March 2015 •
Trustpilot