13 January 2021
•
Image:
Workplace DC pension contributions drop 11% during first lockdown
Contributions to workplace defined contribution (DC) schemes dropped 11% during the first national lockdown last spring, official data reveals.
Figures from the Office for National Statistics (ONS) showed employee contributions fell by 11% between January and March last year. Q2 (between April and June) was a similar story with an 11% employee...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
