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Pensions

Pensions research 2014

By Clare Bettelley1 November 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

Topics

  • Financial wellbeing
  • Pensions
  • Research news

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