WEALTH at work recently sponsored research with Employee Benefits, which investigated support in the workplace for those at retirement.
Key findings include:
- 83% of respondents are either aware that their employees are not saving enough for retirement, or are unsure whether staff will have enough to be comfortable.
- 74% of respondents see uncertainty about how to make decisions when accessing pensions as a key concern for staff as they approach retirement.
- 59% of respondents believe their employees have no financial plan in place leading up to or during retirement.
To read our thoughts on how employers can take a wider view of pensions to help their employees engage with their pension savings, please click here.
To view the survey findings, please click here.