Implementing auto-enrolment to cost Lloyds £1m

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Lloyds Banking Group has budgeted more than £1m in costs for implementing auto-enrolment to its 107,000-strong staff.

Head of pensions strategy Robert Baxter told Helm Godfrey's human resources conference that while it had not needed to recruit in order to prepare for staging, the financial group had budgeted £10 ...

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