Pensions minister Steve Webb has said the Department for Work and Pensions is considering imposing penalties on employers who do not choose auto-enrolment schemes deemed of a high enough standard.
Addressing the Trade Union Congress trustee conference, Webb said the DWP is concerned auto-enrolment legislation does not provide minimum standards for schemes beyond contribution levels. "I st...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
