More than half of employees unaware of AE

clock

Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.

The company's Workplace Pensions Report 2012 has revealed 52% of employees have no knowledge of the new legislation. This is in the face of auto-enrolment, which will affect nearly 19 million workers, being rolled out from next month. The research showed awareness is particularly poor among the scheme's target audience. Only a third of employees on an income of under £20,000 pa were aware of the changes. Scottish Widows head of business development, corporate pensions, Lynn Graves said: "With just three weeks to go until auto-enrolment comes into force, it is shocking that there re...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off later this month

Professional Adviser
clock 11 September 2025 • 1 min read
Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off later this month

Professional Adviser
clock 09 September 2025 • 1 min read
Webinar: IHT on pensions from April 2027 – what financial planners need to know

Webinar: IHT on pensions from April 2027 – what financial planners need to know

Sign up to join L&G, Octopus, Quilter and TIME on 24 September

Professional Adviser
clock 05 September 2025 • 1 min read