BusinessPeople In BusinessFDs fear personal pension shortfall

FDs fear personal pension shortfall

More than a third of the UK’s finance directors are concerned about their own personal pensions

In addition to worrying about the pension deficits of the companies they run,
over a third of the UK’s finance directors are also concerned about their own
personal pensions.

Of the 288 FDs polled in this week Accountancy Age/Reed Finance Big
Question, 34% said they had not made adequate provision for their retirement.

Some even said they did not trust company schemes in general, for which they
are responsible, raising further serious questions about the pensions crisis in
the UK.

Almost 60% of the respondents, however, were confident that they had put
aside sufficient funds for retirement, but remained wary that market and
economic conditions could alter their positions.

Related Articles

Shortlist announced for British Accountancy Awards 2017

Accounting Firms Shortlist announced for British Accountancy Awards 2017

4m Emma Smith, Managing Editor
Pimlico Plumbers to take employment case appeal to Supreme Court

Legal Pimlico Plumbers to take employment case appeal to Supreme Court

4m Alia Shoaib, Reporter
HMRC appoints new director generals

HMRC HMRC appoints new director generals

5m Alia Shoaib, Reporter
Submit your entry for the British Accountancy Awards!

People Business Submit your entry for the British Accountancy Awards!

6m Emma Smith, Managing Editor
BDO appoints two non-executive directors as advisers to leadership team

Accounting Firms BDO appoints two non-executive directors as advisers to leadership team

6m Emma Smith, Managing Editor
Ex-HMRC chief to join ICAS council

HMRC Ex-HMRC chief to join ICAS council

8m Emma Smith, Managing Editor
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Settlement reached between Margaret May and CIMA

Accounting Standards Settlement reached between Margaret May and CIMA

11m Stephanie Wix, Writer