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Daily Record
Daily Record
Lifestyle
Linda Howard

Five ways all employees can boost their pension pot before reaching retirement age

A recent survey from Aviva has discovered that nearly half (47%) of workers do not know how to plan for their retirement and women are almost twice as likely as men to feel completely "on the back foot" with preparing and saving for their later years.

The findings have been released after a decade of employers automatically enrolling their employees into workplace pensions and highlighted how just 27 per cent of people are confident they know what a "good" amount is to have in their pension for someone their age.

Four in 10 (39%) workers aged 40 to 54 have pushed thinking about retirement to the back of their minds and more than half (59%) of employees would be open to receiving pension planning support at work to help them identify how much they need to pay into their pension to live well once they retire.

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