Clio Springer Editor's message: With the ageing population and concerns that many people will have insufficient funds for their retirement, the subject of pensions and pensions saving has gained prominence recently. While workplace pensions have long been the main-stay of the employee benefits package, employers that offer generous pension packages can use them to help attract and retain staff.

Even if your organisation did not, historically, offer a workplace pension, it is likely that your employees are now members of a scheme as a result of pensions auto-enrolment.

There is an ongoing shift from defined-benefit towards defined-contribution schemes. The size of the pension that an employee can expect to receive on retirement is much harder to predict with a defined-contribution scheme.

Clio Springer, senior employment law editor

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