36% predict future need for at-retirement support

pensions

Just over a third (36%) of respondents think that employers will need to offer at-retirement support to their staff in the future, according to the Employee Benefits/Close Brothers Pensions research 2014.

The research, which surveyed 216 respondents in September 2014, also found that 30% of respondents are in the throes of considering how at-retirement support will evolve in the coming years, while 24% think it will take time for employers to boost their efforts given the relatively young demographics of their workforce.

Just under two thirds (62%) of respondents do not have any staff nearing or at retirement in the next 12 months, with 62% expecting 1-5% of their workforce in the next year.

More than half of respondents (57%) expect 6-10% of their staff to retire within five years.

The proportion of respondents’ UK workforce that are at or nearing retirement

The proportion of respondents' UK workforce that are at or nearing retirement

Sample: All respondents (186)

How employees see their at-retirement support evolving in the future

Sample: All respondents (186)