Plans for pension reform

The Government has announced plans for employees to be compelled to enrol in a pension savings scheme - and for their employers to contribute towards it.

The pensions will be administered through a qualifying workplace scheme or one of the new ‘personal accounts’. It would mean that eligible workers are automatically enrolled into a pension scheme, with a minimum employer contribution introduced.

The legislation has been introduced to rejuvenate the current system in an attempt... (200 more words)

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