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Workplace pensions & wellbeing 2018: the statistics

We’re very excited to present the results of our 2018 workplace pensions and wellbeing research. This report summarises the views of 300 UK employers, with questions covering all aspects of employee benefits and workplace wellbeing. Some highlights include:

  • group personal pensions (GPPs) were by far the most commonly-used type of workplace pension amongst our respondents – with 64% offering this type of scheme
  • only 36% of employers currently review their workplace pension scheme at least once a year
  • the majority of employers believe their employee benefits provide value for money – but 28% don’t use any measures to monitor the effectiveness of their benefits package
  • although only 22% of employers currently offer pre-retirement guidance or courses, 56% plan to do more to help employees aged 55+ with their choices under the pension freedoms
  • when it comes to health and protection benefits, life insurance was the most commonly-offered type of cover – provided by 69% of employers, compared with just 19% who also offer critical illness cover
  • 86% of employers offer some kind of voluntary benefits – such as childcare vouchers, bikes to work and discount schemes
  • only 16% currently offer a full flexible benefits scheme, but 35% use platform technology to manage employee benefits

Download the full report now

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