Workplace Pension Savings: Don’t Be Frozen By The Budget!

Why Pensions Matter More Than Ever In 2026

The UK faces a looming pensions crisis, with 54% of retirees projected to be under-savers or financially struggling within the next 20 years. That’s more than half of employees who aren’t contributing enough to support even a basic standard of living in retirement, with the average pension pot remaining well below what is required for long-term financial security.

Pensions are also a big deal to your people. Our 2025 Workplace Pensions Survey found that:

• 84% (of those who receive the minimum) want their employer to pay more than the statutory contribution
• 60% of employees want their employer to contribute more to their pension
• 58% of employees would take bigger pension contributions over other benefits
• 86% of job seekers find a potential employer’s pension offering to be important when job seeking
• The majority of employees would increase their pension contributions – if their employer matched it
• Enhanced pensions are employees’ third most-wanted benefit.

Small increases in contribution rates (particularly when supported by employer-matching and tax efficiency) can make a substantial difference over time. Salary Sacrifice is one of the most effective ways to help employees improve their retirement outcomes without increasing employer costs.

Not only can we manage the full implementation of a new Workplace Pension scheme, but we’ll ensure your people fully understand their pension. Our consultants act as the first point of contact for employees, encouraging them to act now to benefit themselves long term. Call 02084327333 to see how we can support your employee engagement strategy with effective Workplace Pension communication.

When Salary Sacrifice is properly explained, employees are far more likely to engage with their Workplace Pension, appreciate the value of the benefit, and in many cases increase their contributions.

Richard Noble
Senior Workplace Pensions Consultant

Don’t Let The Budget Freeze Your Progress

While the Autumn Budget introduces future limits on National Insurance savings, it doesn’t undermine the core value of Salary Sacrifice Workplace Pensions. Employers still have several years of uncapped savings ahead of them, and meaningful benefits will continue beyond 2029.

For businesses that want to control costs, support employees, and remain competitive in the labour market, Salary Sacrifice remains a powerful and effective solution. Now is the time to move forward and make the most of it.

The thought of changing up your Workplace Pension scheme can be daunting, but it doesn’t have to be. Our highly-experienced and friendly team will handle all the heavy lifting for you: from finding the right scheme, rolling it out to employees, and measuring its performance. We’ll ensure everything’s compliant, making adjustments where needed based on employee feedback and changing tax regulations. Call 02084327333 or make an enquiry to organise a free consultation.

Why Speak to Us?

Employee benefits can be a headache. But our specialists do this day-in, day-out, offering first class service when you need it most. Here’s why you should talk to us:

• Award-winning independent employee benefits consultants, working with leading UK insurers and benefit providers
• Assigned specialist on hand to help – every step of the way
• 4083 and growing independent client reviews rating us at 4.92 / 5
• Authorised and regulated by the Financial Conduct Authority. Find us on the financial services register
• Claims support when you need it most.