Alan Morahan: Five steps to boost employee pension saving

A psychological journey

clock • 5 min read

With auto-enrolment pension contributions rising on 6 April, Alan Morahan outlines how employers can help workers get the most out of workplace saving

Many UK employers struggle with pensions engagement. They just can't seem to get their staff interested or excited about pensions, particularly younger employees who view retirement as being in the very distant future. While more than eight million people have been enrolled in a company pension scheme since auto-enrolment was introduced in 2012, they still aren't saving enough. The Department for Work and Pensions published a report last December highlighting that four in 10 employees eligible for auto-enrolment are "under-saving". The report also stated that out of the 12 milli...

To continue reading this article...

Join Professional Adviser for free

  • 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
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Could AI be the answer to making pensions intelligible for all?

Could AI be the answer to making pensions intelligible for all?

'Not about dumbing down'

Paul Muir
clock 16 October 2025 • 4 min read
Torsten Bell warns pensions industry to 'face up' to its problems

Torsten Bell warns pensions industry to 'face up' to its problems

Torsten Bell told delegates to ‘keep engaging’ with the pension commissioners

Holly Roach
clock 16 October 2025 • 2 min read
Ex-pensions minister Ros Altmann shares 12 potential Budget pension reforms

Ex-pensions minister Ros Altmann shares 12 potential Budget pension reforms

‘Chancellor should aim to change as little as possible in the near term’

Professional Adviser
clock 14 October 2025 • 5 min read