Fears high turnover culture exacerbates small pots issue

Zedra calls on employers to be more aware of the affects of employment trends on DC

Hope William-Smith
clock • 2 min read
Fears high turnover culture exacerbates small pots issue

The post-Covid high turnover employment environment is having a negative knock on affect on workplace pensions and fuelling the problem of small pots, Zedra says.

The corporate services business today (9 August) called on employers to better consider the impact of current employment trends on small defined contribution (DC) pots and "reflect on what they can...

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

Reeves' megafund proposals should be replaced with 'comply or explain' DC regime

Reeves' megafund proposals should be replaced with 'comply or explain' DC regime

LCP says alternative approach would deliver better results more quickly for government

Professional Pensions
clock 13 January 2025 • 2 min read
Steve Webb and Laura Myers – There is a better way forward on DC investment

Steve Webb and Laura Myers – There is a better way forward on DC investment

DC megafunds will lead to ‘massive’ cost and disruption and may fail to deliver stated aims

Laura Myers and Steve Webb
clock 13 January 2025 • 5 min read
Pension confidence increases in last year, PensionBee says

Pension confidence increases in last year, PensionBee says

Provider’s Pension Confidence Indicator increases 3% in older savers

Jasmine Urquhart
clock 08 January 2025 • 1 min read
Trustpilot