Businesses fail to measure pensions benefits

The research shows the same percentage fail to understand their pension schemes’ impact on shareholder value but they do regard pension provision as an important part of their corporate and social responsibility. Three quarters see enabling their staff to retire with financial security as the single most important reason for providing a pension and 64% call it part of their corporate and social responsibility. More than half of employers see pensions as an important recruitment and staff retention tool, compared with 75% of employees who see a pension as the single most important employme...