Employers still uncertain about staging date for AE

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Over a third of employers said that they were unclear about their staging date for auto-enrolment, according to HR consultants Aon Hewitt.

In a survey of 320 pensions and employee benefits managers by Aon, a quarter of respondents said they still had "no idea" about the cost of implementing the programme. However, 83% of schemes had begun planning for implementation, compared to 60% in 2011, the research found. The study also highlighted some of the ways in which pensions are managed. More than two thirds of respondents outsourced their pensions administrations in order to save time, cut costs and offload legislative complexities. Pensions were also managed online; 31% of respondents said they were willing to introduc...

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