Auto-enrolment - new survey

A recent report ‘Working Lives’ from insurance company Aviva looks at the affect that auro-enrolment is likely to have in the U.K. workplace. The report, discussed on professionalpensions.com, claims that 68% of employees have little or no knowledge of the auto-enrolment changes. Amongst employers, 70% of employers were aware of the reforms due in Oct 2012. The report does predict that the scheme will have an effect however, as only 38% of employees surveyed said they had a private sector workplace pension scheme. According to the article, Aviva said that ‘better communication about workplace pensions will be necessary in the future, despite industry concerns that the AE process alone may strain technological capabilities.’ Even when communicated effectively, industry experts claim that the ‘programme is just the start of the solution’ in order to persuade employers and employees to prepare for the future. For more details on the survey read the full article here http://www.professionalpensions.com/professional-pensions/news/2171904/workers-reject-ae-aviva