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40% of workers have pensions fear

16 December 2008

Four in ten workers fears their pension provision will not be sufficient for a comfortable retirement according to research by JLT Benefit Solutions.

The survey which polled 2013 employees working for 514 employers found that 40% of respondents said they didn't think they were doing enough to provide for their pensions or thought they would have to rely on the government state pension.

Almost a third of respondents were "very worried" about they were not saving enough, while 11% said it wasn't a pressing concern.

Out of the 76% of employers who thought individuals bear responsibility for retirement provision, 44% thought employers also had a responsibility, while 54% thought the government should share a responsibility as well.

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