company pension schemes

Employee Complaints Cause Businesses To Sweat Over Pension Regulations

Employee Complaints Cause Businesses To Sweat Over Pension Regulations

UK businesses are becoming increasingly worried their not fully compliant with pension regulations, as their HR departments are fielding more and more employee complaints on the matter. According to a report by Portus Consulting, 35% of UK businesses are now worried they’re falling afoul of the law and leaving themselves open to possible legal action. In the past two years, 19% of all UK employees have contacted their employer about pension scheme issues with 4% complaining about the performance of their savings. Regardless of some employee dissatisfaction, workers appear to be relatively satisfied on a whole with their pension set-up however, with 48% saying the service they’re provided with is effective and just 15% branding it “disappointing”. Steve Watson, Portus Consulting commercial ... »