Company execs slack on A-Day preparation

A survey conducted by pensions firm Prudential finds just one in ten believe they are ‘fully’ geared up for A-Day on 6 April 2006, which is now less than eight months away. Moreover, 13% of respondents say they simply don’t know if they are prepared for simplification, while as many as six in ten company heads have 'little or no understanding at all' of the new pensions changes or the implications for employees. Just 8% of respondents claim to have a 'very strong understanding' of the future pensions changes. The survey finds the manufacturing industry is most prepared for A-Day as th...