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10/03/2010 Pensions 'are the most important employee benefit' |
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Providing a good pension for employees is the most important benefit that can be offered apart from salary, new research has found.
A survey carried out by The National Association of Pensions Funds (NAPF) found that 38 per cent of people think a pension is the best perk their workplace offers, while flexible working was cited by 13 per cent.
However, 38 per cent of the employees surveyed said they worry about their pension fund running out during their retirement, while a quarter said they would like to see the government guarantee that this would not happen before they died.
NAPF director of policy Nigel Peaple commented: "It is clear that people greatly value pensions. More than three-quarters value an employer more if they offer a workplace pension."
Last November, insurance provider Prudential said it believes there will be 1.8 million people in Britain working past the state retirement age by 2019.
Written by Anthony Dyson
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