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

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

More on Industry

Isio achieves 'record' year for risk settlement business

Isio achieves 'record' year for risk settlement business

Organisation predicts ‘sustained’ growth in BPA market

Holly Roach
clock 20 December 2024 • 2 min read
UK Pensions Awards 2024 - Winners' Supplement

UK Pensions Awards 2024 - Winners' Supplement

Celebrating excellence in pensions

Professional Pensions
clock 20 December 2024 • 1 min read
Consider higher NICs to provide a pension for self-employed, industry urges

Consider higher NICs to provide a pension for self-employed, industry urges

PP survey finds 54% of respondents back proposal put forward by the WPC in 2022

Martin Richmond
clock 20 December 2024 • 2 min read
Trustpilot