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Employer payments signal hope for stakeholder plans

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Source: Occupational Pensions

Issue: 222

Date: 01/11/2005

Publisher: IRS

Employer payments signal hope for stakeholder plans

TOPICS:

pay and benefits

tax and deductions from pay
pensions

SECTORS:
construction
electricity, gas and water
engineering and metals
finance
manufacturing (other)
paper and printing
public services
services (other)

Our survey of 20 employers which have set up stakeholder pension plans shows that some make generous contributions, and suggests that employer contributions are making some impact on membership levels. The research also reveals that the requirement to designate a stakeholder scheme spurred on a number of organisations to widen eligibility for existing pension arrangements.

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