
16/10/2025
Pensions adequacy is a hot topic this year. The second phase of the government’s pension review is under way, with the new Pensions Commission examining the adequacy of pension benefits in the UK.
The commission’s final report – in which it will set out its recommendations for reform – is due in 2027.
The current 8% minimum contribution for auto-enrolment, comprising a mix of employer and employee contributions plus tax relief – is widely regarded as too low to provide many people with adequate income in retirement.
Calls for an increase to 12% have been made for well over a decade. But financial pressures on businesses and households over the years have meant it has never felt the right time to do this.
Pensions adequacy is a hot topic this year. The second phase of the government’s pension review is under way, with