15m workers not ‘sufficiently’ saving for retirement, says top pensions chief Investing Tens of millions of working people will face a crisis in retirement with the current automatic salary contribution “no longer sufficient,” the boss of one of the UK’s largest pension providers has warned. Around 15 million people are set to suffer in retirement as workers use their automatic eight per cent auto-enrolment pension contribution as [...]
Andy Briggs: UK is hurtling towards a pensions disaster Opinion Without radical change, Britain will find itself amidst a pensions disaster, with millions worse off, writes Andy Briggs.
Spike in employer pension contributions could throw UK businesses into insolvency Personal Finance Rumours over potential spikes to employer pension contributions in the upcoming Budget has thrown UK companies into a frenzy, with some admitting it could put them at risk of insolvency. According to research from consultancy Barnett Waddingham, nearly 20 per cent of businesses fear they could become insolvent if an increase to employer pension contributions [...]