Most employers say their DC pension provision is not enough for retirement

Just one in four employers believe the DC provision they offer will allow for a comfortable retirement

Holly Roach
clock • 3 min read
Most employers say their DC pension provision is not enough for retirement

Most UK employers do not believe the defined contribution (DC) pension provision they offer to employees will be enough to allow for a comfortable retirement, WTW research finds.

The consultancy's DC Pensions and Savings Survey revealed there are "growing concerns" on retirement adequacy, with just 27% of those surveyed saying they are confident a typical person they employ...

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 Industry

Clwyd Pension Fund reappoints Aon as adviser

Clwyd Pension Fund reappoints Aon as adviser

LGPS fund retains services of Aon to provide consultancy services on a range of topics

Martin Richmond
clock 18 February 2025 • 1 min read
Buzz: Are you confident about working collaboratively with TPR?

Buzz: Are you confident about working collaboratively with TPR?

TPR collaboration, sole trustee market, Virgin Media ruling and artificial intelligence

Professional Pensions
clock 18 February 2025 • 1 min read
2025 will be a year of 'decisive' action, TPR says

2025 will be a year of 'decisive' action, TPR says

CEO Nausicaa Delfas says regulator will further implement its vision of more prudential style of regulation

Martin Richmond
clock 17 February 2025 • 3 min read
Trustpilot