IFAs are not at all confident in small and medium enterprises' (SMEs) ability to meet their auto-enrolment obligations, as just one in 100 advisers think businesses are well prepared for the move to work place pensions, according to a survey.
The poll, by business software and services provider Sage, of more than 200 UK IFAs also found just one in five agree that small firms are aware of auto-enrolment, despite the fact that by April 2015 around 8,000 businesses with between 50 and 249 employees must have their workers enrolled onto a workplace pension. IFAs can play a key role in getting businesses on board with the workplace pension requirements brought about by auto-enrolment, the government's flagship legislation to solve the country's £28bn pension black hole. More than two thirds (69%) of IFAs agreed they are best pl...
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