Workie helps employers engage with automatic enrolment

05 April 2016

The latest research into employers’ and intermediaries’ awareness of automatic enrolment shows that 79% of employers remember seeing or hearing at least one of the campaign adverts while intermediaries who have seen the adverts found them relevant and memorable.

The Pensions Regulator (TPR) has published findings from their recent intermediary tracker research analysis and employers analysis.

Key findings from the intermediaries’ survey:

  • Bookkeepers and accountants saw significant increases in overall understanding of automatic enrolment compared to Spring 2015, from 78% to 93% and 85% to 96% respectively.
  • Knowledge of the need for employers to complete a declaration of compliance with The Pensions Regulator increased significantly, from 79% to 94% amongst IFAs and from 60% to 84% amongst accountants.
  • Around half of accountants, bookkeepers and payroll administrators felt only partially able to answer clients’ queries. Confidence was higher amongst IFAs at 73%.

Key findings from the employer survey:

  • Awareness of AE remained similar to Spring 2015 among small and micro employers (90% and 78%) while understanding increased significantly (68% among small employers 56% among micros).
  • Correspondence from the regulator was the main trigger for employers to take action to prepare for automatic enrolment (76%), followed by information from an adviser (43%), and then seeing or hearing advertising (23%)
  • A majority of employers continue to agree that automatic enrolment is a good thing in principle for their employees (77% of small, 65% of micros).

Read more from TPR’s press release.