The Investing and Saving Alliance (TISA) has called for “significant reform” to ensure pensions adequacy, especially lower paid workers.
Head of retirement Renny Biggins said "further research and reform is needed" around pensions adequacy, noting changes on auto-enrolment (AE), including for lower earners, employer contributions, and flexibility need to be considered. He said: "AE, the triple lock on the state pension, and multiple pension awareness campaigns over recent years have already had a significant, positive impact on the future quality of life in retirement for consumers. "However, further research and reform is needed to help savers achieve an adequate pension pot, which alongside other assets, will enable ...
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