News

 

 

Serviced offices in Northampton news: Many employees 'will opt out of automatic pensions'11th July 2011

Older employees in serviced offices in Northampton could be some of the people who are said to be planning to opt-out of auto-enrolment retirement schemes.

Qualitative research from Legal and General Workplace Savings found that some individuals aged in their 60s and 50s are likely to be completely reliant on the state pension and will refuse to join any company packages.

Furthermore, it is harder to engage people aged 22 to 30 with the process and the researchers felt these were also likely to try and exempt themselves from auto-enrolment.

Online methods to select whether or not to join a retirement scheme are expected to be more widely used than more traditional methods, such as telephones and post.

People "expect to receive instant acknowledgement that their decision has been registered", noted Legal and General operations director Ian Mahoney.

He added that there is "a significant level of trust among employees that their employer will guide them through what they clearly believe is an important change".

This research follows a statement from Anna Sofat, chief executive of Addidi Wealth, who pointed out that changes to pension regulations are confusing to a large proportion of public sector workers.

 

Other News

Team building exercises can be a good way to unite staff members, it has been claimed.

Read More »
Businesses in serviced offices may need assistance to prosper in the current economic climate. Read More »
The take-up for offices to rent in London has greatly exceeded that seen in 2009, despite a weak performance in August. Read More »

Register

A serviced office at Office Space in Town provides you with flexible office space so you can get on with running your business. Using a serviced office takes all the hassle away. We offer quality, good value serviced office space.
One of our virtual offices will create the right impression for your business. We offer a range of solutions from a full virtual office to call handling and business addresses at any of our locations. With a virtual office you can have a prestigious business address while working from home
Offering quality meeting rooms and training rooms in Edinburgh and Northampton. Suitable for meetings, training and conferences we also provide all the business and IT support you need to get the most out of your meeting. Our dedicated meeting room teams ensure your meeting and room hire is a success, with catering and drinks available.