A new survey has revealed how senior decision-makers within leading UK businesses are managing their employee benefit schemes. It found:
- Majority (60%) of UK businesses do not offer employees support to help them understand their workplace pension
- Almost half (48%) do not hold internal discussions about employees’ pensions scheme
- Over a quarter (28%) prioritise other workplace benefits (e.g., free food and drink in the office, gym memberships, socials) above workplace pension schemes
The majority of UK businesses are failing to offer employees adequate support to help them better understand their workplace pensions, new research from Mintago has revealed.