The survey, which was carried out in September 2014 among readers of Employee Benefits and users of www.employeebenefits.co.uk, received 216 responses.
Key findings
- 78% of respondents now offer a group personal pensins plan as their primary pension scheme
- 24% offer a master trust
- 32% of respondents contribute 6-10% of salary for the majority of staff
- 43% of respondents say 90% or more of their workforce are active pension scheme members
- 48% of respondents expect employers to want and need guidance around their pension decisions at retirement and through their careers
- 39% believe the new pension reforms will mean that staff will be better prepared for retirement
- 15% of respondents have refined their pension communication strategy to incorporate at-retirement guidance ahead of the reforms
- 49% believe that supporting staff at retirement is a key part of their employee value propositon
- 55% of respondents do not offer their staff support at retirement
Debbie Lovewell-Tuck is a business journalist with 20 years’ experience specialising in pay, reward and HR. She joined Employee Benefits as a reporter in 2003, before becoming editor in 2015. Debbie is also responsible for editorial content across Employee’ Benefits events, including Employee Benefits Live and the Employee Benefits Awards, as well as hosting Employee Benefits’ webinars.View full profile
