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Evening Standard
Evening Standard
Vicky Shaw

UNBELIEVABLE: Half of workers have never considered increasing current pension contributions - The Untold Story

Half of workers have never considered increasing their current workplace pension contributions, according to the Pensions and Lifetime Savings Association (Tim Ireland/PA Archive) - (PA Archive)

Half (50%) of savers have never considered increasing their current workplace pension contributions, a survey has found.

Some 48% of people know the process to change their pension contributions with their current employer, while nearly three in 10 (28%) do not know the process to increase their pension contributions and a quarter are unsure (24%), according to research for the Pensions and Lifetime Savings Association (PLSA).

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