Despite this being about pensions - an area that is renowned for being something of a mystery to most - the good news is that some employers are reporting that their staff have a good understanding of the reforms - albeit only 18%, whilst others report their staff as having a limited understanding (52%).

The base message here is that, 7 months after the biggest change to pensions in 100 years, there is still a lot of opportunity to help more employees to understand these reforms, what they mean for them as individuals and the choices that they need to make.

Financial education programmes provide a simple, efficient and effective way to deliver these messages.