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
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
