62% of HR and benefits teams support staff at-retirement

Just under two-thirds (62%) of respondents’ HR and benefits teams are responsible for their organisation’s at-retirement support for staff, according to the Employee Benefits/Close Brothers Pensions research 2014.

The research, which surveyed 216 respondents in September 2014, also found that just over a third (37%) of respondents said that their pension providers have responsibility, while 23% said their pensions team does so. A further 11% of respondents are currently identifying an employee or team to take responsibility. 

Less likely to take responsibility are learning and development teams (5%) and both procurement and risk teams, each cited by 1% respectively. 

The professionals responsible for providing at-retirement support