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Retirement Realities: Unlocking The Workplace Benefits
Workplace pensions are a powerful, yet often overlooked tool
Our new report ‘Retirement Realities: Unlocking The Workplace Benefits’ reveals that 20% of full-time employees are at risk of achieving less than a basic retirement and a further 29% are on track for only a minimum retirement, despite most firms contributing more than the legal minimum.
Our findings also reveal, however, that UK businesses that actively engage employees in their pensions see stronger financial performance - highlighting a powerful alignment between workforce wellbeing and commercial success.
The report examines the ways in which workplace pensions are a powerful, yet often overlooked tool to shape employees’ long-term financial wellbeing. Our data shows that by investing in pension engagement, employers are not only supporting their employees’ future, but also unlocking stronger financial performance today. This helps to set the foundations for an engaged and productive workforce, which attracts and retains top talent.