Employers fear straying into regulated advice on AE

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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...

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