Employers' Pension Provision Survey

Why is the Department for Work and Pensions conducting this research?

The DWP is responsible for welfare, pensions and child maintenance policy. The DWP has an ambitious agenda of reform which includes helping people meet the challenges of an ageing society and maintain standards of living in retirement, through a variety of methods including promoting saving for retirement.

Recent major changes to workplace pensions, included the introduction of automatic enrolment, which started with the largest companies in October 2012 and has now covered all employers. This change to an opt out approach to pension saving is intended to overcome and harness the inertia surrounding people's savings for retirement.

To effectively implement government policy and assess the impact of current and future policy developments on pensions, the government requires accurate information about the current pension provision made by employers, and the current impact of policies such as automatic enrolment on companies. For this reason, it is essential to have an up-to-date picture of pension arrangements (if any) made by employers.

This research will collect up-to-date information on the extent and nature of pension provision that private sector employers have in place and will monitor any changes in the type and level of provision compared with the last time the survey was conducted, in 2017. In particular the survey will be crucial in providing the latest overview of pension provision, including changes following automatic enrolment and how employers have prepared for and implemented these changes. More information about the reforms can be found here.

More specifically, the research will collect information on the proportions of firms providing occupational pension schemes, offering access to stakeholder pension schemes, group personal pensions, NEST, or whether employers make contributions to other forms of private personal pensions.  The research also asks about the extent of employee membership of pension schemes, and the average contribution rates made by employers and scheme members.

The research asks employers about the impacts of implementing automatic enrolment including the extent of employee membership of schemes due to automatic enrolment, contribution rates within these schemes and the extent to which employees after being automatically enrolled choose to leave a pension scheme.

How will the data be used by the Department for Work and Pensions

The findings of this research will provide DWP with an accurate and up-to-date picture of the current private pensions landscape and will be critical for the effective development, implementation and monitoring of private pension policy. The findings will also feed into future automatic enrolment evaluation reports. The 2018 automatic enrolment evaluation report can be found: https://www.gov.uk/government/publications/automatic-enrolment-evaluation-report-2018

Interview Preparation Form (IPF) completion:

To save you time during the telephone interview you can complete the Interview Preparation Form online. To do this you will need the serial number and online code provided on the letter and Interview Preparation Form sent to your organisation Please click here to access the online version.