Charities feel the pinch

Rachel Dalton on how auto-enrolment is hitting charities

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All employers are under pressure these days, not only due to low growth and poor consumer spending, but also by the increasing obligation on them to provide pensions for their staff.

As closed defined benefit (DB) schemes hoover up more and more of employers' cash, auto-enrolment (AE) is forcing them to set up new defined contribution (DC) schemes and potentially doubling their...

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