Number of schemes cutting contributions for AE jumps over 2012

clock

The proportion of defined contribution schemes which plan to reduce employer contribution levels as a response to auto-enrolment has increased over 2012, according to Aon Hewitt.

The human resources consultancy's survey of 119 schemes with staging dates from late 2012 to later 2014 found that one in three will cut employer contributions when AE hits. This compares to one...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

2024 saw record £25.5bn of DC savings from employees

2024 saw record £25.5bn of DC savings from employees

Broadstone analysis finds workers got ‘all-time high’ of £10.8bn pension tax relief

Jasmine Urquhart
clock 08 August 2025 • 2 min read
SPP: Private markets, public good - Why the Mansion House Accord matters

SPP: Private markets, public good - Why the Mansion House Accord matters

Jo Sharples explores the opportunities and challenges the Mansion House Accord presents

Jo Sharples
clock 31 July 2025 • 3 min read
Fidelity FutureWise default reaches £20bn milestone

Fidelity FutureWise default reaches £20bn milestone

Default fund is forecast to grow beyond £40bn in assets by 2030

Jonathan Stapleton
clock 29 July 2025 • 2 min read
Trustpilot