Research: Aon’s DC pension and financial wellbeing employee research 2021

It is split into five sections exploring a range of key themes, each including a checklist of potential actions:

1. Pension strategy and long-term objectives
2. Financial wellbeing
3. Investing for the right pension outcomes
4. Communications and engagement
5. Getting retirement right

Key findings from the research include:

• 87% of employees are expecting a shortfall in retirement income
• One in four believe they will never be able to retire
• Just 37% of employees felt that they were saving enough for their long-term needs
• Only 15% think their employer offers an above average level of support
• One in three say there is nothing preventing them from saving more
• Less than three in 10 people say they now expect to fully retire at ‘retirement age’.