Employee workplace pensions in the UK

Employee workplace pensions in the UK

Brewin Dolphin reported figures from the Office for National Statistics “The vast majority (85%) of defined benefit pension members received employer contributions equivalent to 12% or more of their earnings in 2018, while just 8% of defined contribution members received employer contributions of this size: this reflects the legal requirement on employers to ensure defined benefit schemes are funded sufficiently to pay future pensions”.

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