Older employees 'prefer pensions to bonuses'
Pension schemes are among British workers' preferred employment benefits, according to research from Friends Provident.
Almost a quarter of those surveyed picked an employer contributory pension scheme as their favourite benefit.
Predictably, pensions were most popular among those approaching retirement age, while under-50s preferred the short-term advantage of an annual bonus.
Older people in the study were also more prone to refuse a job offer if it had unattractive pension benefits.
Friends Provident's head of corporate pensions marketing Martin Palmer said the trend for people to look ahead to retirement is driven by the challenging economic times.
He commented: "A pension is a very important benefit and it will continue to have a major impact later on in the employee's life."
The advice comes shortly after research from Prudential indicated almost two-thirds of people retiring in 2009 believe they will need an additional income to supplement their pensions.
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