Benefits and allowances survey 2013: defined-contribution schemes dominate workplace pensions
Author: Monica Bloomfield
XpertHR's 2013 survey of benefits and allowances looks at the ever-changing face of UK pensions. The introduction of auto-enrolment has added another dimension to this benefit, necessitating that some companies make alterations to their existing pension plans or adopt new schemes.
Our survey into workplace pension benefits in 2013 reveals that less costly defined-contribution pension schemes are becoming more popular among UK employers, with a greater proportion operating such schemes or planning to offer them to new members than any other type of pension.