Auto-enrolment savers want employers to 'offer full financial advice'

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A third of employees think firms which offer a pension scheme should also offer access to full financial advice in the workplace, research from Scottish Widows suggests.

About 33% of workers surveyed said full financial advice should be offered by companies operating a pension scheme. More than a third (36%) also want their employer to gradually increase the amount workers contribute by small amounts each year. However, Scottish Widows also found just 17% of respondents would turn to their employer for guidance on pensions, this compared to 25% who would opt to go to an independent financial adviser. Scottish Widows head of business development, corporate pensions Lynn Graves said: "Auto-enrolment has undoubtedly transformed the financial futures of a...

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