The Mercer UK Budget 2014 Consultation is based on a poll of more than 300 UK employers and scheme providers. It found that the other 38% of employers only intend to point people towards the guaranteed guidance offered by the government as part of the Budget in April.
The guaranteed guidance is due to come into place in April 2015 and is designed to give every employee who retires support when choosing their pensions options.
It was originally intended to be given face-to-face, but in July the government announced it would mainly be delivered online or over the phone due to a lack of resources.
Mercer UK DC and savings product leader Roger Breeden told HR magazine a short programme of guidance at retirement will be "too little, too late" for most savers.
"If people have been on the wrong path and not saved enough throughout their life there's only so much you can do," he said. "If the money isn't there half an hour of advice can't really do much to change that."
Breeden did, however, add that the guidance can be useful as a "starting point" to retirement.
"People should see it as something that can help them along rather than the be all and end all on their pensions advice," he explained.
