How employers are navigating the new pensions landscape
With significant operational change ahead, and responsibilities shifting, the findings from the REBA Future of Pensions Research 2026, produced in partnership with Cushon, offer a practical benchmark for reward and benefits leaders, highlighting opportunities to strengthen the employee value proposition, protect employee financial wellbeing and deliver greater value from pension spend.
The threat of savings gaps
Driven by incoming reforms, including the Value for Money framework, new decumulation duties, and pensions dashboards, the research, featuring 241 major employers representing 1.4 million employees, highlighted the need for employers to move past passive administration.
Persistent savings gaps threaten workforce strategy, with the research showing that more than three-quarters (77%) of employers expect savings gap challenges by 2030 and over two-thirds (72%) are concerned that contribution levels won't deliver adequate retirement incomes.
Crucially, the majority (92%) of organisations will be impacted by the £2,000 annual pension salary sacrifice cap to be introduced in April 2029, so early strategic audit and clear communication are essential.
The report also looks at how many organisations will prioritise helping staff make better financial choices by 2030, and how many companies are actively reviewing their pension structures within the next two years to maximise value and talent retention.
Download your copy for insights to help you evolve your pension and people strategies.
Supplied by REBA Associate Member, REBA
Supporting the reward and benefits community to pursue best practice and drive excellence in their strategies
