Most workers choose lower level reward over pension boost

Research from consultant Hymans Robertson found just 42% of employees would go for the extra contribution, while more than a fifth would prefer annual contributions of 7.5% to another savings vehicle. Just fewer than one in three would prefer a 5% pay rise, while almost one in ten would opt for shares in the company. Head of DC Lee Hollingworth (pictured) said: "This is staggering. Consumer trust in the power of pension saving is now so low that the majority would happily opt for a less generous financial reward over a huge boost to their pension pot." The survey also found just 16...