Manufacturers reveal appetite for pension compulsion

The survey commissioned by the Engineering Employers' Federation in conjunction with Aon Consulting, comes in a timely run-up to the findings from a Government-commissioned task force due out today, which will urges pension compulsion in the workforce as a solvent to Britain’s pension crisis. According to the EEF, 68% of firms are in favour of forced pension contributions, as apposed to 56% tallied in 2002 and 50% 1998. The majority of the 528 companies questioned provide occupational pension schemes, but the number of companies employing more than 500 people declined, whereas firms wi...