Employers fear straying into regulated advice on AE

clock

Some employers are fretful about discussing automatic enrolment with their employees for fear of straying into "heavily regulated" financial advice, a study suggests.

A quarter of employers are worried about communicating the right messages to their workers, while a fifth fear incorrectly stating the benefits of their pension scheme, according to the report. The findings form part of Aviva's second Working Lives study, which assesses employer and employee attitudes to workplace savings and benefits. Aviva, which said it interviewed some 760 private sector employers and more than 4,000 employees for its study, said that, though more than 60% of companies had started providing information on auto-enrolment, only about a third of managers had opened a...

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 Regulation

FCA expected to align trail commission with Consumer Duty rather than 'switching off' service

FCA expected to align trail commission with Consumer Duty rather than 'switching off' service

Consultation is about ‘understanding and evidencing impact’

Sophia Panayi
clock 09 April 2026 • 4 min read
'Slow start' expected for targeted support as rules go live

'Slow start' expected for targeted support as rules go live

Royal London one of the first to get FCA approval

Sophia Panayi
clock 07 April 2026 • 4 min read
Former financial adviser hit with FCA ban after pocketing £54,000 from 'vulnerable' client

Former financial adviser hit with FCA ban after pocketing £54,000 from 'vulnerable' client

Daniel Leon Williams banned from regulated activities after being sentenced in 2024

Sophia Panayi
clock 07 April 2026 • 1 min read