The British Chambers of Commerce has aired concerns about auto-enrolment, claiming it places pressure upon smaller and medium sized businesses.
BCC director David Frost said the penalties would be harsh for smaller companies, particularly if they failed to comply with the rules surrounding auto-enrolment and the National Employment Savings Trust....
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.