Nearly two thirds (81%) of Brits across all age groups may be underestimating how much of a pension they will need for retirement, according to new research.
Post-work benefits such as pensions and permanent health insurance (PHI) are being incorrectly used by HR teams, according to Tim Cox, pension law partner at Linklaters.
As employers focus on how the world of work will look following the COVID-19 lockdown, the immediate challenge facing HR teams will be to reassure employees that the work environment is safe, and...
Two-fifths (42%) of companies have made or are planning to make changes to their employee benefit programmes as a result of the COVID-19 pandemic and the impact it has had on working life.
Though it may be difficult, pension scheme trustees can maintain business as usual during testing times.
Younger employees appear to be actively opting out of pension scheme contributions, which could be to the detriment of their later lives.
Ninety-four per cent of employers have reported facing challenges when providing a workplace pension according to a study by Smarterly
It is a time of major change in the retirement world as the risk and responsibility of providing pensions shifts from government and corporations to the increasingly anxious consumer