Businesses unprepared for rising workplace pension contributions - NOW: Pensions

Small firms have greater awareness

Hannah Godfrey
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Adrian Boulding: “Although these changes have been planned for a number of years, it seems some employers still risk being caught out."
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Adrian Boulding: “Although these changes have been planned for a number of years, it seems some employers still risk being caught out."

More than a quarter (28%) of senior business decision-makers are unaware of increases to minimum workplace pension contributions that kick in on 6 April, according to a survey by NOW: Pensions.

The survey, which canvassed 691 senior individuals, also found nearly half (42%) of respondents were unaware of the further increase to pension contributions in April 2019. Awareness among small businesses...

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