Almost all employers are now facing challenges when providing their staff with a workplace pension, according to Smarterly.
Of the 94% of respondents to the savings and investments platform provider's research who said this, close to half (45%) attributed challenges to retaining adequate funds.
Three in ten said poor services levels from pension providers lay behind their concern over meeting payments while 34% also blamed low engagement levels among employees.
More than three quarters (77%) of the eligible UK workforce have a workplace pension following the introduction of auto-enrolment. Despite this, Smarterly respondents said providing adequate information to savers in the final stages of work remains an ongoing challenge.
Dealing with higher earners affected by a reduced annual allowance was also a major challenge for 39% of respondents.
A further 34% cited overcomplicated administration as a key concern and the same amount pointed to encouraging employees to contribute above the minimum level.
Smarterly head of proposition Steve Watson said: "Pensions continue to present myriad problems for employers, but the majority all link to low employee engagement levels."
Given significant challenges, 54% of employer respondents to the research said they would carry out a review of their current pension provider in the next six months.
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