More than a third of British small to medium sized firms (SMEs) are oblivious to any changes in the pensions legislation on 6 April next year, new research indicates.
A survey conducted by Tenon finds awareness levels fluctuate within industry sectors, with the financial & business services leading the way with an awareness level at 77%, followed by manufacturing at 65% and agriculture at 68%. For companies earning up to £1m, knowledge about the change is at 57%, rising to 87% for companies tuning over in excess of £20m. Regionally, awareness levels stand at around five in ten people within the North East, North West and Yorkshire & Humberside rising to seven in ten in Wales and the South West. In the West and East Midlands, London, South East and Ea...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
