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 was better, NOW: Pensions found, with four out of five (81%) aware of the upcoming changes next month, compared with just a third (66%) of large businesses. Among those that were aware of the upcoming changes, the majority were also aware their business could be fined if they did not act. Since the introduction of automatic enrolment (AE) in 2012, minimum workplace pension contri...
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