Employers will be legally obliged to contribute to employees’ pensions

• Author:
• CMS Cameron McKenna

The introduction of Personal Savings Accounts in the recently published pensions white paper means that, from 2012, employers will, for the first time, have a legal obligation to contribute to their employees' pensions. Although many employers currently contribute to pension schemes, many do not and so some employers will face an increase in cost.

Although the details are still to be finalised the basic principles are that:


all employers will have to offer automatic enrolment into ... (173 more words)

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