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Offices to rent in Cardiff news: Employees missing out on pensions24th May 2011

Employees in offices to rent in Cardiff could be some of the many Brits who are not actively contributing to a workplace pension, with 72 per cent of primary income earners in households being without one.

However, 74 per cent claim they would contribute if their employer matched their payments, with the cost cited as the most important factor, according to research from insurance company Aviva.

Ineligibility was cited as a reason for not belonging to workplace pension for four per cent of respondents, lack of knowledge for 11 per cent and personal choice for 20 per cent.

A total of 43 per cent claimed their workplace does not have one for them to join.

For those who answered 'choice', the most popular reason was because they could not afford to.

Only 15 per cent of people surveyed said they would opt-out of a system of auto-enrolment.

Auto-enrolment is planned to be phased in to all companies in the UK from October 2012, with the process finished by February 2016. 

 

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