Employers often shy away from providing financial advice in the workplace, but auto-enrolment will force the issue. Here's how small changes could ease bosses' minds...
Millions of workers are set to join their workplace pension scheme over the course of the coming months through the government’s auto-enrolment scheme. In turn, this means many bosses will be entering the world of pension provision for the first time themselves. These employers may want to provide financial advice to their workers to ensure they are making positive choices. But according to a report analysing the pensions market in the current ‘age of austerity’ by City law firm Squires Sanders, many bosses remain reluctant due to the perceived risks associated with advice. It s...
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