Report: ‘Realigning workplace savings to meet the needs of millennials’
More than 500 working adults were questioned for the research, which found nearly 80% of 55 and older decision-makers thought the priority for employee financial wellbeing was pension schemes.
This compares to just 62% of 25-35 year old decision-makers who thought the same thing.
In fact, for younger people, it’s ‘milestone’ purchases that matter most – for 48% of 25-34 year olds. Just 37% of those over 55 thought the same.
The report also finds:
* 40% of 25-34 year old decision-makers think employers should help employees with wider financial issues, compared with only 20% of over 55 year old decision-makers