People with tax jobs contributing more to pensions than employers?
28 January 2010 14:07
New research has revealed that those in tax jobs are paying more into their pension schemes than their employers are.Conducted by the Office for National Statistics, the study found that UK companies have cut the amount of money they contribute to their employees' pensions by £4 billion in the past 12 months.
In 2008, workers paid a collective £42.5 billion into pensions pots, compared to the £40.6 billion offered by bosses, the ONS data showed.
Tom McPhail, head of pensions research at financial advisors Hargreaves Lansdown, told the Daily Mail that businesses are now leaving staff to fend for the themselves when it comes to retirement.
"The message is clear: funding your retirement is your problem and no one is going to do it for you," he explained.
The ONS aims to provide data to UK businesses and authorities in order to help them make decisions and address problems.
Find the latest Tax Jobs in London with Witan Jardine.
Newsfeed Related Articles
Those with tax jobs subject to workplace bullying?
23/02/10
Tax job seekers 'have to be flexible'
10/02/10
New retirement proposals 'could have a bad impact on those in tax jobs'
02/02/10
ONS figures 'should be treated with caution by people seeking tax jobs'
27/01/10
Tax job seekers may welcome IES prediction
21/01/10
Tax jobs seekers 'should not be assessed on appearance'
18/01/10
Recruitment Areas
Employment News
- Those with marketing jobs 'saw pay increases last year'
- 01/03/10
- New paternity leave proposals 'a welcome move'
- 26/02/10
- Those with risk jobs 'may welcome retirement age calls'
- 25/02/10
- Expert's comments 'may be welcomed by those seeking marketing jobs'
- 24/02/10
- Those with tax jobs subject to workplace bullying?
- 23/02/10
- Home-based marketing jobs 'may be more efficient'
- 22/02/10
