Employers using AE to 'hoodwink' staff into benefit changes - lawyers

clock

Employers are downgrading their pensions offering on the back of auto-enrolment (AE) in order to "hoodwink" employees into thinking it is part of the legislation, lawyers claim.

Over the last two years, the industry has seen many firms close or amend defined benefit (DB) schemes in order to combat the costs of auto-enrolling its staff. Taylor Wessing senior counsel Loui...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Schemes face uncertainty as new rules delayed by general election

Schemes face uncertainty as new rules delayed by general election

Industry fears new funding code will be among the reforms delayed by surprise poll

Jonathan Stapleton
clock 23 May 2024 • 4 min read
TPR: Stakes have 'never been higher' for schemes to get things right

TPR: Stakes have 'never been higher' for schemes to get things right

CEO Nausicaa Delfas told PP Live delegates the market is currently in a ‘state of change’

Holly Roach
clock 22 May 2024 • 2 min read
'Kitchen sink' information requests by TPR creating supply chain 'domino' effect

'Kitchen sink' information requests by TPR creating supply chain 'domino' effect

Requests more difficult, invasive and expensive for schemes than ever before

Jonathan Stapleton
clock 20 May 2024 • 2 min read
Trustpilot