The survey, which was conducted in September 2016 among readers of Employee Benefits and www.employeebenefits.co.uk, received 250 responses. Due to rounding, percentages may not add up to 100.
Key findings:
- 68% of respondents want to support staff in making more informed decisions at retirement.
- 45% of respondents see auto-re-enrolment as an opportunity to review or change their pensions communication strategy.
- 73% of respondents have undertaken a pensions communication exercise in the last year.
- 26% of respondents offer an employer pension contribution rate of 6-10%.
- 56% cite uncertainty about how to make the best decisions when accessing pension benefits as a key retirement concern for their workforce.
- 45% of respondents believe it is too early to tell whether Brexit will impact pensions.
Number of employees in respondents’ organisations
Sample: All respondents (250)
1,000-4,999: 21%
50-249: 19%
10,000 or more: 16%
500-9,999: 15%
250-499: 12%
Fewer than 50: 12%
5,000-9,999: 7%
Organisation type
Sample: All respondents (250)
Privately-owned: 58%
Publicly-quoted: 33%
Public sector: 5
Voluntary sector: 4%
