Workplace Pensions Reports
The Workplace Pensions Report 2016
Since its launch in 2012, automatic enrolment in to a company pensions scheme has seen great success in bringing more people into long-term saving. With minimum contributions set to increase from 2018, our new Workplace Pensions Report encouragingly shows that only 3% say they will opt out of their company pension scheme.
Here are some of our key findings:
- Further tax breaks from the Government would encourage people to save more. This tended to resonate most strongly with men
- 44% of 22-29 year olds want to see the value of their pension alongside their bank account and savings account