One in five staff increase defined contribution pension payments

Some 18% of workers have increased the amount they pay into defined contribution (DC) pension schemes since last year.

Employee risk and benefits management specialist Aon Consulting said its survey of 4,046 workers in the private sector showed that of the 18%, 2% had boosted their DC contributions by more than £200 a month, while 9% had upped their monthly payments by more than £50 - but less than £200 - and 2% were paying less than £10 a month extra into their DC pension pot.