Almost half of employers may end up considering scaling back their pension provision when auto-enrolment and compulsory employer contributions are introduced in 2012.
Research by Gissings shows more than one-in-five employers (21%) may consider levelling down their provision to the statutory minimum, and 28% have yet to decide whether to do so.
Almost one-third of employers (27%) say the introduction of personal accounts will lead to a review of overall pensions strategy.
The survey of 68 organisations, Preparing for 2012 - The Introduction of Personal Accounts, found that general awareness of government pensions reform is high (79%). But 35% of employers have yet to calculate the extra cost of pension provision for their staff.
Almost one-fifth (18%) reported significant numbers of non-joiners, and 31% said they had take-up rates of 50% or less.
Currently only 28% of those employers operating a defined benefit or occupational defined contribution pension automatically enrol new members.
What are your main priorities in setting your benefits strategy for the coming year?