David Bharier: Domestic policy-driven costs alone have risen more than 70% in a decade for a typical SME
Increases to auto-enrolment (AE) have contributed to a 70% rise in policy-driven costs for British small and medium-sized enterprises (SMEs) over the past decade, new analysis by the British Chambers of Commerce (BCC) shows.
The business body said a typical mid-sized business now pays £1.98m in costs driven by domestic policy, up £827,000 from £1.16m in 2016, with employment costs like wages, national insurance contrib...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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




