Why pensions still feel confusing for so many people
Most of us know we should pay more attention to our pension. But knowing where to start isn’t always easy.
We surveyed 2,000 UK employees to understand how people feel about their pension, what gets in the way and how confident they feel about retirement.
Inside the report:
- How employees really feel about their pension
- What stops people engaging with their pension
- How confident people feel about retirement
- Where people turn for pension information they trust
- Five practical steps people can take today
A preview of the findings
82%
of employees say at least one thing stops them engaging more with their pension.
43%
of employees are not confident their pension will fund a comfortable retirement.
26%
of employees feel anxious or confused when they think about their pension.
What’s inside
- How people really feel about their pension
Why more than one in four feel anxious or confused about their pension.
- What’s getting in the way
The biggest barriers stopping employees engaging more with their pension.
- The role of pension providers
Five simple steps to better understand your pension and feel more in control.
- What people can do next
The report ends with five simple steps people can take to understand their pension and feel more in control.
Who should read this report?
For anyone who wants to better understand how employees engage with their pension, including:
- HR and People leaders
- Employee benefits teams
- Founders and Operations teams
- Pension and benefits advisers
- Anyone responsible for workplace pension engagement