Quick Poll results: Are you seeing an increase in employees pausing contributions to workplace pensions?

29 September 2022

There were reports in the media that due to the cost-of-living crisis, people were pausing their pension contributions. We ran a quick poll to see if this was the case.

Our last quick poll asked the question “Are you seeing an increase in employees pausing contributions to workplace pensions?”.

Here are the results:

Answer

Result

No significant change

64%

Yes, cost-of-living given as a reason

25%

Yes, reasons unknown 

6%

It is promising to see that 64% report no significant change to the number of people pausing contributions to workplace pensions.

However, 25% of respondents did report an increase of people pausing contributions, specifically due to the cost-of-living crisis, with a further 11% seeing an increase, but with no specific reason.

Thank you to all respondents of this quick poll.


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