Nine out of ten UK companies intend to seek professional advice on the impact of pension reform, according to the Personal Accounts Delivery Authority (PADA).
PADA, which is tasked with setting up the National Employment Savings Trust (NEST), says it latest research shows advisers will play a pivotal role in successful implementation of the reforms.
While the bulk of smaller firms say they will seek advice from their accountant, more than half of medium and large-sized firms expect to seek help from a financial adviser.
PADA spoke to more than 3,000 UK firms, employing between two and 10,000 employees.
Roy Porter, head of intermediary distribution at NEST, says: "As our research shows, accountants and other intermediaries will have an extremely important role to play in helping their clients. They also have a part in dispelling some of the myths around the reforms."
NEST says it will work with intermediaries over the next year to provide them with information on how to prepare for the scheme's launch in 2011.
Transferring out of DB scheme
It shocks you
2,000 people surveyed