31% of employees feel their employer is responsible for their workplace pension
23 November 2017
Capita Employee Benefits has conducted research among 1,200 UK employees covering their views on pensions, barriers to saving, flexibility around retirement and the role their employer plays in workplace pensions.
The new research reveals some interesting results, key findings include the headline stat that 31% of employees feel their employer is responsible for their workplace pension, and also:
39% of employees say they can’t afford to save more into a pension due to day-to-day living costs
43% of young employees would be prepared to give up their employer pension contribution if they could access their pension more flexibly to buy a first home
44% of young employees feel retirement is too far off to worry about today
People underestimate their life expectancy by an incredible 15 years
51% of employees say they would switch to part-time work if they had a retirement fund shortfall
76% of older employees want to phase in retirement gradually
The full report is available from Capita Employee Benefits.