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No real improvement in UK retirement system - Mercer


By Marek Handzel

Little improvement has been made in strengthening the adequacy of the UK retirement system, meaning that employers may have to play a bigger role in helping to close the retirement savings gap.

Mercer, which has ranked the UK in 14th position in its latest annual Melbourne Mercer Global Pension Index, has said that the UK needs to improve by raising the minimum pension for low-income, increasing contributions to workplace pension schemes and enabling better coverage for the self-employed


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