UK - Most businesses are failing to measure the corporate benefits of pension contributions and are not providing enough education to workers, a survey from Alexander Forbes Financial Services has shown.
It found there was also a mismatch between what companies believed they communicated to staff about their pensions and what information staff said they received, with 59% of employees said they would welcome better pension education in the workplace.
Jarrod Parker, technical manager, Alexander Forbes Financial Services, said: "There is an urgent need for business and academia to work together to create systems to understand, measure and improve the return on investment in pensions. For the companies that make this effort we believe the corporate benefits far outway the cost.
"Once this return is better understood, workplace education and communication about pensions will help ensure that employers gain maximum return from their investment and enable employees to appreciate and evaluate their pension provision correctly."
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.