The maritime sector makes a huge contribution to the UK economy, supporting just over £40 billion in business turnover and 185,700 employees*. It’s also responsible for 95% of our country’s imports and exports. This probably won’t be news to you. But do you know how much employment and recruitment in this sector is changing, and the importance workers place on a good pension?
Indeed, a quality scheme helps retain staff and makes an employer a destination of choice. However, firms face increasingly high levels of administration, red tape and compliance risk as they struggle to keep pace with frequent regulatory changes.
* Maritime UK/Centre for Economics and Business Research (September 2017)