Workers in the UK have long planned on pensions to see them through their retirement years. But recently, people have “lost confidence in pensions,” says local expert and actuary Hilary Salt. She says that to attract skilled workers, both governmental and private employers will need to reevaluate their pension offerings and encourage higher levels of pension savings.
In the full article at The Actuary, read Salt’s views on pension transfers, learn how plans can better manage risk and discover how actuaries can help prepare for climate change. Plus, see her advice for up-and-coming actuaries—including why working from home can hold back your career.