Pensions research 2014

The Employee Benefits/Close Brothers Pensions research 2014, examines the latest pensions industry trends and issues, enabling employers to keep up to date on the changing needs of their workforce, particularly for staff approaching or at retirement. 

EB Pensions Supplement Nov 14

The research includes the following articles:

Jeanette makings: Financial education provides essential retirement guidance 

Clare Bettelley: Employers need to address staff at-retirement needs now

Key findings

GPPs remain most popular pension scheme among employers 

Majority of staff are active pension scheme members 

Pension reforms drive employee need for guidance 

Abolition of compulsory annuitisation most beneficial pension reform 

49% assessing at-retirement support funding 

55% do not offer staff support at retirement 

62% of HR and benefits teams responsible for at-retirement support 

36% think employers will need to offer at-retirement support in the future 

Uncertainty around pensions decisions is greatest challenge for staff 

66% report increased costs post auto-enrolment 

 

Read the digital edition of the Employee Benefits/Close Brothers Pensions research 2014