Report: Securing the future


This report of the 2018 Pension trends survey from the Association of Consulting Actuaries focuses on pension contributions into various types of schemes and automatic enrolment opt-out and cessations.

Key findings

  • 88 per cent of employers say the April 2018 increase in minimum auto-enrolment contributions had no adverse impact on scheme participation.
  • 79 per cent support increased punishments for those caught mismanaging pension schemes.
  • Just over half believe there’s reputational risk for employers in offloading defined benefit liabilities to consolidate vehicles with lower capital requirements than insurers.
  • 75 per cent want pension tax relief reformed with more help targeted on lower earners.

The survey includes responses from 349 employers of all sizes.