Most SMEs feel unequipped to support employees' retirement outcomes

But half of SMEs see outcomes as an employer’s responsibility

Alex Levy
clock • 1 min read
iStock.com/NanciSantos
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iStock.com/NanciSantos

A majority of small and medium enterprises (SMEs) said they do not have the support available to help employees achieve better retirement outcomes, despite half seeing this as primarily an employer’s responsibility, according to new research from People’s Pension.

More than two thirds (68%) of those surveyed said they lacked the expertise or resources to offer wider financial wellbeing support to help employees achieve better outcomes. But 51% of SMEs now...

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