Wednesday, April 17, 2013

Employee Benefits Pensions and Workplace Savings Research 2012: Attitudes


Most employers take a proactive stance to ensure their staff have an adequate pension in retirement, but some feel they should be doing more many employers have a long history of taking responsibility for the long-term financial wellbeing of their staff . Twelve years ago, 68% of respondents to the Employee Benefits Pensions strategy research 2000 told us this was the case in their organisation. This figure has remained consistently high over the past 12 years, fluctuating between 70% and 78%.

This attitude to pensions is reflected in the actions employers take to ensure their staff have an adequate income in retirement. Although the percentages have fluctuated slightly over time, the top four most popular actions have remained unchanged since 2006 when we first asked this question. Just as they did six years ago, this year respondents placed greatest importance on: actively encouraging pension scheme membership; ensuring employer contributions are adequate; actively encouraging staff to make adequate contributions; and proactively educating staff on pensions.

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