The Retirement Risk Report
89%
of employees aged 50+ have already begun preparing for retirement
31%
of HR leaders say retirement support arrives too late
60%
of HR leaders say knowledge transfer matters, but only 3% prioritise it
2%
of HR leaders say line managers are “very equipped” for retirement conversations
What are UK workers looking for in retirement
Retirement is one of the few career transitions every organisation can be certain of, yet it rarely receives the strategic attention given to recruitment or restructuring.
Our research explores what employees are seeking for in retirement and what support they want from their employer. It also looks at what resources employers are providing and identifies a number of gaps between what is needed and what is offered, potentially causing unnecessary organisational talent challenges in the future.
Get the full research findings
The full report includes the complete survey data, comparative analysis between employee and employer perspectives, and detailed recommendations for HR leaders on managing retirement as a strategic workforce transition.
Download the Report
Financial security
Money is front of mind
69% of organisations offer pension or financial advice and 42% of employees say their financial situation shapes how ready they feel to leave.
Purpose and Identity
What do people want in retirement
What does retirement actually mean in reality will influence employees planning and preparation for retirement, in whatever shape or form that will take for them personally.
7 years
Planning for the future
On average, employees expect to step back from full-time corporate work in almost seven years but employers do not plan engagement with employees till much later.
Good intentions that don’t always translate into practice
While financial guidance and support is well provided for, employees are planning earlier than many employers assume, and there is a disconnect with other aspects of retirement that matters for both people and organisations.
What employers think they offer vs what employees feel
While financial guidance and support is well provided for, employees are planning earlier than many employers assume, and there is a disconnect with other aspects of retirement that matters for both people and organisations.
