UK - Companies have continued to increase contributions to DC schemes despite the recession, a survey by Mercer revealed.
The consultant's research of the defined contribution pension offerings of 345 companies - representing 1.2 million members and £10bn in assets under management - showed that average employer contributions have increased from 6.80% to 7.25% since 2007.
And it said there was evidence employees are also placing a greater emphasis on saving for retirement - with employee contributions rising from 3.60% to 4.65% in the past two years.
Mercer UK head of defined contribution services Tony Pugh said: "It is encouraging to see this increased level of commitment to DC pension provision. It reflects a maturing attitude to DC pensions as it becomes the most prevalent scheme format in the UK.
"As sponsors leave behind DB in favour of DC for new hires, and increasingly for existing employees, the need for a scheme to be successful is high on the corporate agenda."
However, Mercer said concerns remain over the transition from defined benefit to defined contribution schemes - particularly with the 2012 deadline for auto-enrolment and personal accounts drawing nearer.
Mercer principal and senior consultant in defined contribution pensions Steve Charlton explained: "The introduction of personal accounts will have a considerable impact on company remuneration budgets and the only way to avoid a shock is to start thinking about how to measure and mitigate the risk now.
"Although the DWP recently announced a staggered plan for implementation of the personal account requirements, medium sized and large companies still need to be compliant by 2012."
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